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LasNubes

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LasNubes

Re: None

Friday, 03/10/2023 7:00:42 AM

Friday, March 10, 2023 7:00:42 AM

Post# of 1282
The slide in oil prices began on Wednesday and accelerated on Thursday, after Federal Reserve chairman Jerome Powell said the U.S. central bank would continue with its rate hikes as a means of controlling inflation, signaling these hikes will be large and possibly more frequent than the ones deployed so far.

These people are purposefully trying to keep oil prices down in an attempt to control the eventual price at the pump.

It’s all artificial but traders swallow it hook, line, and sinker!
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