Oil prices rose today, even after OPEC failed to come to an agreement to lower production; Russia promised to increase output; oil workers stopped striking after several days in Kuwait; and inventories increased in the United States.
3 Possible Explanations For This Story
- Trump convinced New Yorkers America never wins, and to forfeit their record-setting deposits on “loser” American-made Tesla electric cars.
- New Yorkers who work on Wall Street heard this news and bought more oil stocks, oil futures, and barrels of oil to paint over the lead paint in old-but-trendy Brooklyn brownstones.
- Oil is the new Beanie Babies. Buy some now because these things are in limited supply and will never, ever go down in value!