Donald J. Trump @realDonaldTrump 2h Based on the attack on Saudi Arabia, which may have an impact on oil prices, I have authorized the release of oil from the Strategic Petroleum Reserve, if needed, in a to-be-determined amount.... Donald J. Trump @realDonaldTrump 2h Replying to @realDonaldTrump ....sufficient to keep the markets well-supplied. I have also informed all appropriate agencies to expedite approvals of the oil pipelines currently in the permitting process in Texas and various other States.
Not that it matters there S2007... but I wrote that 24 hours ago. It didn't take a rocket scientist... ... just sayin'. Edit: 23 hours ago.
Good to see you were on it...but now we both know the game. Futures deteriorating the last hour!! Looks like a very short night of sleep for me. Setting some early morning alarms to trade this fun event!!
Oil way off its highs since news broke last night. Just what I expected , was up 20% now up about 9%. Long DWT around 5.05, looking for $6. Will add more if oil jumps above $65. Trump will NOT allow oil prices to surge so betting against oil to me is where I'm trading.
How about those Houthi rebels? Do you think they shorted, right before the attack? And would that be considered insider trading?