Oil price down around $6/barrel today

2lion70

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Report of agreement on Iran Nuclear Deall revival prompts expectation of Iranian oil on world markets soon. Proving once again the price of oil is set on a world not domestic market.
 
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Obliviax

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Report of agreement on Iran Nuclear Deall revival prompts expectation of Iranian oil on world markets soon. Proving once again the price of oil is set on a world not domestic market.
A good recession fired wonders!
 
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junior1

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May 29, 2001
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Report of agreement on Iran Nuclear Deall revival prompts expectation of Iranian oil on world markets soon. Proving once again the price of oil is set on a world not domestic market.
doesn't that mean that the worlds supply will increase?

Isn't that what the oil companies have been saying...that price of oil is set on a world market? Don't tell me you're coming around to our way of thinking.
 

The Spin Meister

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Nov 27, 2012
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An altered state
Report of agreement on Iran Nuclear Deall revival prompts expectation of Iranian oil on world markets soon. Proving once again the price of oil is set on a world not domestic market.
Of course oil is a global commodity. And since Biden screwed up the world, energy prices have skyrocketed. So what’s your point?
 
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PaoliLion

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Nov 2, 2003
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Report of agreement on Iran Nuclear Deall revival prompts expectation of Iranian oil on world markets soon. Proving once again the price of oil is set on a world not domestic market.

In contrast, the US oil companies have done JACK SHIT to reduce the price of oil.