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Meanwhile, the crude oil market continues to treat this latest activity along with blustery threats on both sides as largely a nothing burger at least for now. Crude is up a mere $1 and was up further last night!
The crude oil market already had a feeling this was going to happen based on it earlier being up a mere $1 despite the bluster on both sides. After this latest release from DT, crude dropped $4 within just a few minutes of 1:30 PM EDT.
I guess we get tacos two days a week now. Probably just trying to buy more time to buy oil cheap before then causing a spike and selling it off again seems to be a pattern here
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