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GreatGazoo

(4,790 posts)

12. Yes a month before also and two months prior and

Tue Jun 2, 2026, 08:54 AM

Jun 2

From July 2025 to the beginning of the attack on February 28, 2026 there is wide discussion, actions and expectation that more strikes on Iran are coming. They didn't just wake up two days before the 2nd attack and randomly draft a war powers act for vote.

They are selling oil right now that will be delivered in Cushing Oklahoma on Aug 15th so we know what the price of oil for August is: $88.32

In September: $85.61
October $83.21
December of 2026 $79.91

https://www.barchart.com/futures/quotes/CLQ26

I have tried to explain how oil is priced and sold. I have failed.

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Highlight:

Exxon Mobil's Senior VP Confirms What I Have Been Saying, The Market Is Protecting The Price Of Oil [View all] gab13by13 Jun 1 OP

Oil is one the most heavily traded commodities GreatGazoo Jun 1 #1

I think you are missing the point. CivicGrief Jun 1 #2

The article says nothing like that GreatGazoo Jun 1 #4

Read between the lines. CivicGrief Jun 1 #5

'Everything is priced in.' SamuelTheThird Jun 1 #6

Your theory is that pro oil traders, all over the world, GreatGazoo Jun 1 #8

How many predicted he'd attack Iran? SamuelTheThird Jun 1 #9

They don't need to. That's the point of hedging. GreatGazoo Jun 1 #10

Two days before SamuelTheThird Jun 1 #11

Yes a month before also and two months prior and GreatGazoo Jun 2 #12

Oil is going to go up SamuelTheThird Jun 3 #13

. dalton99a Jun 1 #3

K&R Yo_Mama_Been_Loggin Jun 1 #7