RE:2025 will 'definitely' be a problematic year for oilYeah because US sanctions haven't been able to bring them to heel. In fact, they're expanding their influence in the Sahel region of Africa, in South America. Where are they getting the money to do this? It's a huge country loaded with resources and lots of brain power with allies also with lots of resources and brain power.
If you apply the Gaussian distribution aka Normal distribution for IQ in a population defining anyrhing over 140 IQ as genius level then China has more geniuses than the US has population.
The better question is what is Israel/US strategy regarding the other pole of power - China, Russia, Iran, North Korea and some include Turkey.
The good thing is that in this geopolitical fight for dominance is that it is in everybody's interest to keep the oil flowing.
So I see this headline as more market manipulating BS playing on fear and greed. People talk about trading on financial fundamentals. Lol. Then why the instability in prices if future prices can be predicted with more certainty?
Because the markets are more driven by irrational emotions. I think that Frank plays this. He has posted before on how the headlines are manipulated by the big shot oil traders. He plays the fear and greed I think.