Prices Fluctuate As Markets Struggle To Figure Out The Oil Price Future

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    Chart Of The Day: Oil Selloff Fueled By Fundamentals; Technicals Aren't As Clear

    https://www.investing.com/analysis/chart-of-the-day-oil-selloff-fueled-by-fundamentals-technicals-arent-as-clear-200608777

    it looks ( to me ) like the Fed is losing control to the petro bit of the Petro-dollar

    DYOR

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    Asia looks to release oil reserves after U.S. request

    https://au.investing.com/news/commodities-news/asia-looks-at-spr-shock-treatment-for-high-oil-prices-after-us-request-2471800

    this might get interesting not all the current oil producers are that US-obedient , say maybe take some production off line for repairs and upgrades

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    Oil down -3.67% overnight.. good news for miner's as importantly reduces their energy costs.

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    SHORT TERM FIX: BIDEN RELEASES US OIL RESERVES, BEGS CHINA FOR ENERGY HELP

    https://www.bitchute.com/video/lbOg9qTiRLA/

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    Biden's nuclear option against OPEC+ includes threats to 'seize assets of sovereign states', producers may retaliate by flooding market

    https://www.sott.net/article/461173-Bidens-nuclear-option-against-OPEC-includes-threats-to-seize-assets-of-sovereign-states-producers-may-retaliate-by-flooding-market

    maybe producers would retaliate by by boycotting the US dollar and US Treasury bonds , matter of fact since this option is being considered some might consider moving early , regardless of further developments

    ( which might be great for gold miners as well .. silver producers )

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    now if the US officially put this option on the table , big energy buyers like China and India would get a 'divine gift ' while the US might be forced to buy imports through trading hubs like Singapore , although jellyfish like Australia would probably just lie back and say ' gut me '

    ( without benchmark currency status , the US is just another debt-laden thug )

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