this post was submitted on 09 Mar 2026
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[–] rainpizza@lemmygrad.ml 33 points 1 month ago (2 children)

We are back at 100 USD/Bbl!

[–] GracesArms@lemmygrad.ml 27 points 1 month ago (1 children)

Only one hundred to go till the Iranian prophecy is complete!

[–] Commiejones@lemmygrad.ml 23 points 1 month ago

And this is only day 12. Iran says they can go on for 6 months.

[–] Verenand@lemmygrad.ml 8 points 1 month ago (2 children)

I saw this graph the other day, i didn't ask then but i guess can now:

I suppose someone (RF, after they got uplifted sanctions on daughter companies of rosneft?) sold huge chunk of oil while it was at their highest, thus injecting world economy with some resrves for some time?

[–] rainpizza@lemmygrad.ml 4 points 1 month ago

Sadly, I don't the specifics to make an educated guess and answer that question.

[–] freagle@lemmygrad.ml 3 points 1 month ago

https://www.bbc.com/news/articles/cly093xxlzzo

Many countries agreed to a release from the strategic reserves