EPISODE · Mar 9, 2026 · 41 MIN
Oil's Wild Night: Spikes to $120 then drops to $100 on SPR Talks
from Nobody Special Finance · host Nobody Special Finance
The price of oil went crazy while we were sleeping. Initially oil spiked to nearly $120 per barrel as several middle east countries began cutting production due to storage tanks becoming full with nowhere to send the oil thanks to the Strait of Hormuz being closed. A few hours later, the price dropped abruptly to $100 per barrel after the story broke that the G7 countries are considering a coordinated release from their oil reserves to cushion the blow.Link to George Noble's Best Ideas Stock SummitSupport the Channel on Patreon Support the Channel by Buying Me a Coffee Subscribe to Nobody Special on YouTube
What this episode covers
The price of oil went crazy while we were sleeping. Initially oil spiked to nearly $120 per barrel as several middle east countries began cutting production due to storage tanks becoming full with nowhere to send the oil thanks to the Strait of Hormuz being closed. A few hours later, the price dropped abruptly to $100 per barrel after the story broke that the G7 countries are considering a coordinated release from their oil reserves to cushion the blow.Link to George Noble's Best Ideas Stock SummitSupport the Channel on Patreon Support the Channel by Buying Me a Coffee Subscribe to Nobody Special on YouTube
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Oil's Wild Night: Spikes to $120 then drops to $100 on SPR Talks
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