Oil

[BlackPeter]

Curent drop in oil prices is not a good sign. It could be due to anticipated recession.

https://oilprice.com/Energy/Energy-General/Saudi-Arabias-Next-Move-Could-Hit-Oil-Prices-Hard.html

Actually - I think it just shows the market at work. Remember "drill, baby drill" form the orang running the white house? Saudi Arabia just wants to stifle the new competition. The lower they drop the oil price, the harder it will be for Dumbs drillers to make a dollar from their newly drilled wells. Normal price war to keep out new competitors.

Of course are we as well likely to run into a Dumb's recession - markets hate the extreme uncertainty he keeps dangling around, but the dropping oil prices are in my view neither causing nor indicating this recession, they even might soften it a bit.

[Mr Cashflow]

https://invezz.com/news/2025/04/13/brent-crude-oil-price-forecast-3-reasons-it-will-crash-to-45-in-2025/