Why do they keep getting away with it?

>>1149169
Thats ridiculous. I believe oversupply was only 500k bb/day most of 2015

>>1149171
Obviously it is manipulation so they can lower the price of oil and buy cheap!

File: 220px-DrFatihBirol_1.jpg (22KB, 220x290px) Image search: [Google] [Yandex] [Bing]

22KB, 220x290px

>>1149176
It was a combination of this plus the fed not going to raise rates.

Looks like last year the IEA was taken over by this guy. He is from Turkey. Makes me wonder if he wanted to lower the price of oil because his country hates Iran.

Is this what caused the spike today? Wonder how they come up with these numbers anyway

>>1149169
Link?

>Link?

Please & Thank you.

>>1149182
"Spike"

shit closed under $40

>>1150799
No it didnt. That post was yesterday learn to read

>>1150825
still under 40 isn't it?

what i thought son

>>1150851
Yes and it was at $25 last month. Why are you so obsessed with the number 40?

>>1149169
Because the world is run by crooks. Get used to it.

>>1150799
>>1150825
Are you guys sure you're talking about the same thing?
The contracts I trade are going for $41 something right now.

>>1151354
You're trading Brent, the global standard. We have West Texas Intermediate (WTI) in America. It's higher quality and less expensive, like everything in America

>>1152419
Wow.
First off, what makes you think Americans don't trade Brent?
And second, as a trader, why would you think I give a flying fuck about the quality of WTI vs Brent?
I'm not putting in my car, you dimwit.

>>1152441
Umm... you're the one who was confused. I was clairifying the difference in WTI because it honestly doesnt seem like youve ever heard of it

>>1152918
Umm..I was talking to two guys who were both citing different closing oil prices.

I don't know who the fuck you are.

>>1152918
>>1152939
Both you guys sound like Chesapeake economists.

>>1153293
I know, right?