Brent slips from $75 per barrel as investors doubt rally will endure

Home Forums News & Current Events Brent slips from $75 per barrel as investors doubt rally will endure

This topic contains 3 replies, has 3 voices, and was last updated by  Tolik 3 weeks, 4 days ago.

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  • #17149

    Crow Bar
    Moderator

    https://www.reuters.com/article/us-global-oil/brent-touches-75-per-barrel-after-europe-halts-russian-crude-imports-idUSKCN1S1021

    Please read the article.
    For some reason, people like to blame, regardless of who is in the WH, on the sitting president. Many a time it is due to reasons beyond a US president’s control.
    Other times, it is a US president’s fault.
    Be informed.

    #17425

    Tolik
    Participant

    Russia just signed an agreement with China to export Russian oil .

    #17453

    Whirlibird
    Participant

    China appears to be hurting.

    First they start allowing the import of US rice, after talks with DT.

    Now they are buying pork from the US after their sickness over there.

    Makes one wonder just how bad it really is.

    Or is it just part of the scheme?

    #17489

    Tolik
    Participant

    Well considering their population , and the fact that Communism doesn’t work anywhere . It probably is a silent crisis over there . There may also be a scheme , but I think its necessity driven .

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