Here is an even longer term chart of oil prices, going back to 1890 with data from the Foundation for Study of Cycles.

Oil is nosediving after a bearish EIA inventory report.

Geopolitical risk alone is not enough to keep oil afloat.

#OOTT

Reserve Bank’s April Bulletin says that extreme weather conditions may pose a risk to inflation, along with prolonged geopolitical tensions that could keep crude oil prices volatile. The retail based on the Consumer Price Index (CPI) has eased to 4.9 per cent in March after…

'Oil prices would likely be lower because there would be more drilling. So energy stocks would come under pressure. I think health care would come under pressure as well,' says Thomas (Tom) Lee (not drummer) FSInsight.com's Tom Lee on whether the market is pricing in a Trump win.

Oil steady as market weighs US demand concerns, Middle East conflict risks - beritakini.biz/oil-steady-as-…
SINGAPORE: Oil prices steadied on Thursday after settling lower in the previous day, as signs of ret

The true, historical surge in oil prices has yet to come.

This would only be the 3rd major bull era for crude oil in the last 145 years.

Buckle up.

#crudeoil #energy #inflation #historical

$XOM Update after the recent pull back in oil prices.

Why this particular break out failed is highlighted clearly on the chart.
$XLE $XOP $USO

Diane Jackson🇺🇸🦅🇺🇸 Diane,
If inflation and high oil prices happened as soon as Biden came into office, wouldn't it make sense that the problems precipitated from something Trump did?
Trump cut taxes on billionares, imposed tariffs, and cut world oil production by embargoing oil producing countries!

⚠️ 𝐁𝐫𝐞𝐚𝐤𝐢𝐧𝐠 𝐍𝐞𝐰𝐬 ⚠️

🇷🇺🇨🇳| 𝗥𝘂𝘀𝘀𝗶𝗮 𝗮𝗻𝗱 𝗖𝗵𝗶𝗻𝗮 𝗵𝗮𝘃𝗲 𝗮𝗴𝗿𝗲𝗲𝗱 𝘁𝗼 𝗰𝘂𝘁 𝗔𝗟𝗟 𝗨𝗦 𝗗𝗼𝗹𝗹𝗮𝗿𝘀 𝗳𝗿𝗼𝗺 𝘁𝗿𝗮𝗱𝗲

The report come as 𝗖𝗵𝗶𝗻𝗮 stockpiles natural resources to challenge the US 𝗱𝗼𝗹𝗹𝗮𝗿 as the currency for oil prices…

President Biden Anna： #CCP have immense funding in #Iran or in Middle East to disturb the #oil prices, to disturb the whole you can see economy and possibly in the end impact America.

Da Zeagra Oil Price in Pakistan 03230720089 easyshop.com.pk

Can someone please explain to me why oil prices are falling and gas prices are going up?

This is literally price gouging..

Oil companies are trying to get Trump elected.

oilprice.com/Metals/Commodi…

Oil prices are plummeting! #OOTT

Added a label to the econ phases based on initial claims—tracking monthly increases/decreases during different phases.

Notice how oil prices skyrocket when initial claims shift from increasing to decreasing across these phases. That’s the risk-on impulse in action! 😍

oilprice.com/Latest-Energy-…

Person with flags in bio who wants us to give money to all the current things is upset over olive oil prices 😂🤡

SBP mentioned Middle East tensions and oil prices as one of the reasons for not reducing interest rates.

Large drop in crude oil prices today.