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Crude Oil WTI Futures - Jun 24 (CLM4)

Real-time capital.com
Currency in USD
Disclaimer
84.12
+0.55(+0.66%)
Real-time Data

Crude Oil WTI Futures Discussions

War will contine unless US says stop. Keep going long on dips
The U.S. does not appear to be in the same position as it wants was after years of QEs and massive levels of additional debt.
Neither is Russia after all the sanctions. I am just quoting what US aithorities are saying, that this war is going to last for a long time.
I don't think the East or the West has the money with the current international economic conditions slowing to continue this war very long. The U.S. is in debt both private and public up to their eyeballs and our trade balances are the worst in history while both China and Russia hjave been buying gold in mass. All the businesses and banks find ways to circumvent sanctions. Germany needs Russsia's natural gas and is one of the reason Russia invaded to protect it;s natural gas pipeline. The authorities do not like to talk much about the commerical interests but we know they are key components of all hostilities go back to at least pre WWI as Marine Corp Major General Smedley Butler so aply nave his book "War Is A Racket".
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