Athabasca Oil Corp T.ATH

US Panic to stop OPEC cut

[smallcaptdr]

Looking at the swings in Oil prices so far today looks like an EKG from hell and remember that the ONLY reason OPEC is cutting Oil production is to take out the volatility in Oil prices, what a line of BS. Oil will still have price swings every time some eroding economic data is released or production interruption happens for one reason or another will cause Oil to rise or fall exponentially because taking 2Mil bpd out leaves Oil balancing on a razor blade and the US has been against OPEC cuts from the start made for greed only and nothing else. Oil has been rising for 3 days now and is at $87 up $11 from Sept low of $76 the question is at what price will Oil go to reflect Nov cut? The next FED Rate Decision is Nov 2nd and Dec 14th and when Oil helps to keep Inflation high then the FED will keep raising Rates and around and around we go till the music stops, What OPEC has done will ripple through the global economy the wrong way. I'm wondering how higher Oil will affect G7 cap on Russian Oil and will this cap hurt Oil prices or will Russia turn down the tap? OPEC really screwed things up, but as Oil stock traders it makes us money up until the tree stops growing. Whoever it is who cuts out the most production would hope that Oil goes high enough to increase revenues on less production.


Saudi Arabia, Russia To Cut 1.05 Million Bpd In November | OilPrice.com

The White House Is In A Panic To Stop The OPEC+ Production Cut | OilPrice.com

WTO: Energy Crisis Will Cause A Slowdown In Global Trade Growth | OilPrice.com

[Jimmy1page]

With the Mid terms around the corner I'm betting the Fed takes a month off. The dems are going to lose the house he does it again kiss the Senate goodbye.

[Moemoney42]

Smallbrain STFU already with your BS.. Quote: "I'm wondering how higher Oil will affect G7 cap on Russian Oil and will this cap hurt Oil prices or will Russia turn down the tap? OPEC really screwed things up," Get real fool.. its the woke "green" energy mantra and gov't's that caused this whole scenario..! Only fools like you can't see the forest for the

[Maxmoe]

One Moe to another Moe, just put smallcrap, 'lildick,  etc on ignore.