Member Info for EmeraldCarrots

Correction. WTI was $73.51, Brent is down to $78.20.
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Brent crude now down to $78.20................................
- EXCELLENT NEWS FOR WORLD WIDE INFLATION!
- Especially good news for ANY Plc that uses a lot of oil based fuel like **** AIRLINES **** and Sea cruise Companies like Carnival (who's shares dropped 6% yesterday, just down 0.1% thus far today).
China "rolls back strict covid rules".
https://www.bbc.co.uk/news/world-asia-china-63855508

- FTSE now up 0.3%.................................. surely we are heading for a good day both here and in the USA!

All IMHO.

Brent crude now down to $73.51................................
- EXCELLENT NEWS FOR WORLD WIDE INFLATION!
- Especially good news for ANY Plc that uses a lot of oil based fuel like **** AIRLINES **** and Sea cruise Companies like Carnival (who's shares dropped 6% yesterday, just down 0.1% thus far today).
China "rolls back strict covid rules".
https://www.bbc.co.uk/news/world-asia-china-63855508

- FTSE now up 0.3%.................................. surely we are heading for a good day both here and in the USA!

All IMHO.

and Sea Cruise Companies mostly fell today (EZH -0.5%, IAG -0.5%, JET2 -2.6%, TUI -2.7% and WIZZ -2%), which is rather surprising IMHO! So their fuel costs are going down and so are their shares!!! LOL!!!
Indeed is it not the case that a lower crude oil price will bring WORLD WIDE INFlATION DOWN !
Honestly ***** the market is a complete joke*****.
I think it is manipulated by the media.
- So todays headline I think was maybe the FED will raise interest rates in the USA 0.75% after all.
- Rather than "Yipee, the price of Brent crude has crashed to under $80 so WORLD WIDE INFLATION is likely to drop and any PLC's who use a lot of fuel derived from oil will be a lot better off".
Maybe this is tomorrows headline?
Should I ask Mr Bloomberg or Mr Murdock to find out?
All IMHO.

and Sea Cruise Companies mostly fell today (EZH -0.5%, IAG -0.5%, JET2 -2.6%, TUI -2.7% and WIZZ -2%).
Indeed is it not the case that a lower crude oil price will bring WORLD WIDE INFlATION DOWN !
Honestly the market is a complete joke.
I think it is manipulated by the media.
- So todays headline I think was maybe the FED will raise interest rates in the USA 0.75% after all.
- Rather than "Yipee, the price of Brent crude has crashed to under $80 so WORLD WIDE INFLATION is likely to drop and any PLC's who use a lot of fuel derived from oil will be a lot better off".
Maybe this is tomorrows headline?
Should I ask Mr Bloomberg or Mr Murdock to find out?
All IMHO.

The nuclear option of course would be Russia refusing to supply Countries participating in the price cap. This is what Russia said it would do I believe, however it's probably another one of their lies frankly.
All IMHO.

If Russia generally reduces oil production by say 15% the price of oil to those not participating in the price cap will go up, would it not?

they simply cut oil production by x %. Be it 5, 10, 15% or whatever. Seems the obvious response to me. This would drive up World oil prices to compansate would it not?
All IMHO.

as the much lower oil price should reduce inflation???? Anyone remember Brent crude was around $125 not so long ago?
Ant when was it over $100???? 1st August was it????????????
Big users of fuel will obviously benefit from reduced fuel costs.
My word the market is so, so slow to respond to obvious very good news!
All IMHO.

as the much lower oil price should reduce inflation????
Big users of fuel will obviously benefit from reduced fuel costs.
My word the market is so, so slow to respond to obvious very good news!
All IMHO.

Also World wide inflation likely to reduce................. IMHO!

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I wonder how much it costs to fuel a crude liner that can have 6,000 people on board?

particularly benefit from reduced fuel costs.
Almost everyone is better off with a lower crude oil price................
All IMHO.

India buying Russian oil will have vast negative implications for future Western investment there IMHO but their Government are either unble to grasp this or only want political headlines.
All IMHO.

$88.16

The Russian people will be taking note I would have thought. Note no-one has claimed responsibility.
Maybe Russian power stations will be next?
https://www.telegraph.co.uk/world-news/2022/12/05/ukraine-news-war-russia-latest-kherson-oil-grain-odessa/

Brent now $86.97...................