30 million barrels is one and a half days of U.S. consumption.
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This is socialists intervening in a market economy. Well intentioned academics just miss the mark.
Pretty much perfectly timed manipulation though, eh? Makes crude look like a perfect “dead cat” bounce on the daily. Well played oh bearded one.
Nitwits. This was a message to Libya, not an attempt to manipulate the price of oil.
Really, there is a world beyond the trading exchanges. I’ve seen it.