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Decent chance oil hops around $70-80 for a few weeks. Expect reserves - both commercial and strategic - to drain pretty rapidly at these fake prices. 🛢️ #OilPrices #MarketTrends #EnergyEconomy #Thetweetdoesnotmentionanyspecificcountries.Therefore #therearenocountrycodestoprovide.

Buffett seems to be betting markets are about to crash. Maybe the all-hands-on-deck attempt to get oil prices down is to try to put a floor under a very wobbly stock market and economy? 📈📉 #Buffett #StockMarket #OilPrices #Thetweetdoesnotmentionanyspecificcountries.Therefore #theresponseis:

Oil inventories and prices have very high negative correlation. In the last few days that correlation has flipped to being positive. We are now supposed to believe that as inventories empty, oil prices go down. Clown world. 🛢️🤡 #OilPrices #Inventory #Economy #Nospecificcountrycodesarementionedinthetweet.

Fascinating points all these, but I think the most important outcome of the Iran deal, from Russia’s standpoint, is that oil prices are crashing again and its windfall was too short. Moscow had hoped for a prolonged conflict and a prolonged closure of the Hormuz that would have #IranDeal #OilPrices #Russia #IR #RU

In Évian, I congratulated President Trump on the agreement with Iran. We both agree that this should mean the definitive end of the Iranian nuclear program. The strait will be reopened. Oil prices are falling. (translated)

In Évian, I congratulated @POTUS on his agreement with Iran. We both agree that it should mean a definitive end to Iran's nuclear programme. The Strait will reopen. Oil prices are falling. And that's how diplomacy delivers. https://t.co/j4Gn9X0gyK #Diplomacy #IranNuclearDeal #OilPrices #US #IR

Oil prices sank following Pakistan's announcement of a deal between the US and Iran aimed at reopening the crucial Strait of Hormuz, with Brent crude down 4% at $83.81 a barrel, as market analysts expressed concerns over the lack of detailed information about the agreement, leading to potential volatility in energy markets. #OilPrices #USIranDeal #EnergyMarket

Saudi Aramco has set the official selling price for its flagship Arab Light oil intended for the Asian market at a premium of $9.50 per barrel above the average Oman/Dubai. This represents a significant reduction of $6.00 per barrel compared to the price set for June. (translated)

Oil prices rose following recent missile strikes by Iran on Israel, testing a fragile ceasefire established in April, with Brent crude increasing by 2.6% to $95.50 a barrel as analysts assess the ongoing conflict's potential impact on global energy shipments. #OilPrices #IranConflict #MiddleEastCrisis