#oilcompanies #oil #oilprices #yahoofinance
Truist Analyst Neal Dingmann and Vanda Insights Founder Vandana Hari join Yahoo Finance Live anchors Brian Sozzi, Inez Ferre and Julie Hyman to discuss what a full reopening of the Chinese economy would mean to oil markets moving forward, energy stocks, global recession risks, how oil companies are benefiting from the Russia-Ukraine war, and the outlook for oil and energy in 2023.
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Oil prices can be in gold exchange not petro US $ next year.1 gram gold for 2 barrels oil prices next year
Only if gold is worth 4k us per ounce. The Petro dollar is going away for sure.
US can buys Russian oil for 60 $ per barrel from India refinery production
🤣🤣🤣🤣🤣🤣
More like russia will sell to India for 70 a barrel and India will refine and sell it back to the EU for 100 a barrell.
And China Xi Just Shook Hands with the Saudi Prince for a Mega Oil Deal. The US will come up with shortages on Crude. Now China will pay for Crude in Yuan instead of US$. Biden drained the US Strategic Petroleum Reserve to Slow down Inflation.
Oil curse
Solar power curse
Resourse curse
Vertical farming availability curse
Bigger homes for poor countries
Bigger homes+growing population for rich countries
More single person homes
Diverse economy
Decentralization
Democracy
World can easily accomodate 200bn people with prosperity and environment friendly way
The Russians estimated the earth’s maximum capacity was 400 billion humans.
Oil / Diesel is what keeps the World Moving as of Now… No Replacement Yet…
Never will be.
No. Oil companies are not printing cash. They’re collecting cash printed by the Fed. Lol 😆
And whenever they want, they can insist on GOLD.
China to trade oil in yuan.
I was long oil but it’s almost malpractice to recommend buying in this environment. Globe is going into major recession, mirage of China reopening will be a nonfactor. Almost everything in the market will get destroyed.
Biden put at $72? Europe needs big oil to step up production to replace Russian barrels?
Not printing cash..they are being attacked by the far left extremists ..how is that productive for future plans?
Except for the FED, it is illegal to print cash.The Fed don’t give cash away. You trade with someone who has cash. Most of these people don’t know what they are talking about.
actually the constitution mentions the TREASURY as the only one to make money… so…..
OIL CAPPERS beware. Russia could retaliate and start demanding gold as payment for oil. Now what would you do?
I don’t know if the Oil companies and capitalism will kill the world, or the world will kill capitalism… one or the other is a certainty.