Yangarra Resources Ltd T.YGR

Silly

[kavern23]

This is getting silly. Specualtors have had this short Natural gas and go long on Oil play for over a week.  Massive build in paper barrels for hedge funds and massive short on NG.

1.72 Nymex NG down 10 cents.
And near 77 WTI.

And Europe NG tanked today again.
NG hasnt been this cheap in Eurppe since July 2023....and it is winter time still in Europe.

If these hedge funds dont unwound this long oil and short ng to such effect...they run a big risk of bringing oil down with NG.

Not sustainable.

Warm weather that is crashing NG everywhere is not awesome of oil prices.

[pennydredful]

They  are   making  good  money  so far  .  Oil   got   a shout  out  from JP  Morgan and some  UK  Bank    quite possibly  in support of  long positions, 

[kavern23]

Jp Morgan and Goldman have to be oil bullish as they all want the massive fees from Saudi placing more Armaco shares on the market in a cash raise for Saudi government. Middle east is in big trouble. Big oil importers like India and China and middle easts best customers are going to continue to electrify their rail freight lines. This is why pushing diesel prices up is silly in 2024 and ukriane