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Oil is sold on exchanges. Investors who never take

Posted on: July 29, 2022 at 12:37:11 CT
TigerMatt MISS
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possession make up most of the market. Oil companies have input on the supply, but they don't have control of the price on exchanges.

Investors will buy oil futures contracts hoping the prices go up. They resell the contracts, take the profit. Others like airlines sometimes hedge by buying extra contracts if they expect the price to rise in the future.
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Profits through 3 quarters: - JayHoaxH8r MU - 7/29 11:22:03
     They are bound by law to look out for the stock holders..... - tigertix MU - 7/29 13:11:07
          It’s not the only thing he’s retarded about. (nm) - Outsider MU - 7/29 16:08:46
     It's funny how often most of these guys just... - Gyro STL - 7/29 12:36:30
          Funny coming from a lawyer. Biggest bloodsuckers around(nm) - TigerMatt KC - 7/29 12:53:03
               Ha, was this when you got divorced? - Gyro STL - 7/29 13:11:00
                    ^^so insecure (nm) - Panthera MU - 7/29 13:18:08
               How's that IT nerd salary ceiling hitting you? - Gyro STL - 7/29 13:01:51
                    ^^so insecure (nm) - Panthera MU - 7/29 13:03:44
                         People start with the lawyer stuff so I start with peasant.. - Gyro STL - 7/29 13:07:31
                              You start with it first, always do. So insecure - Panthera MU - 7/29 13:13:08
                              Do you give your services away for free? (nm) - Sal CMSU - 7/29 13:08:07
                                   Do you reimburse your employer for... - Gyro STL - 7/29 13:09:47
                                        I'll take that as a "no" - Sal CMSU - 7/29 13:10:35
                                             Nevermind that lawyers are the most regulated... - Gyro STL - 7/29 13:21:10
                                                  Why are you screwing your clients? (nm) - Sal CMSU - 7/29 13:32:01
                    there it is (nm) - Sal CMSU - 7/29 13:03:02
                         Yep - Panthera MU - 7/29 13:04:23
               lol no sh*t (nm) - Sal CMSU - 7/29 12:59:33
          What level of loss should they intentionally take… - Outsider MU - 7/29 12:51:42
          Capitalism sucks. Socialism kills. - RHAYWORTH MU - 7/29 12:47:09
               So merely questioning a corporation and their profits... - Gyro STL - 7/29 12:52:28
                    Are they doing something illegal? If not… - Outsider MU - 7/29 12:57:54
                    What should their profits be? (nm) - Sal CMSU - 7/29 12:53:28
               says the socialist (nm) - ashtray UF - 7/29 12:47:27
          How should people obtain goods and services? (nm) - Sal CMSU - 7/29 12:37:23
               Irrelevant to my premise but... - Gyro STL - 7/29 12:39:19
                    A set the question (nm) - Panthera MU - 7/29 12:42:10
                    You clearly think there's a better way - Sal CMSU - 7/29 12:41:15
                         Someone can take issue with the ridiculous profits... - Gyro STL - 7/29 12:53:57
                              But you have no issue with other companies making - Outsider MU - 7/29 13:04:59
                                   Link?(nm) - Gyro STL - 7/29 13:09:00
                                        Link what? (nm) - Outsider MU - 7/29 13:13:44
                                        How do you determine whether or not - Sal CMSU - 7/29 13:10:11
                                             Do companies now consider what a “socially responsible” - Outsider MU - 7/29 13:15:53
                                   Yeah, Amazon did pretty damn well during COVID (nm) - Sal CMSU - 7/29 13:05:58
                              How are you coming to the conclusion - Sal CMSU - 7/29 12:56:12
     So it's not Putin's price hike? - Ragnar Danneskjold MU - 7/29 12:34:29
          RE: So it's not Putin's price hike? - Panthera MU - 7/29 12:37:47
     ummm it is about the price of oil. lower it and they make - TigerFan92 STL - 7/29 12:18:15
          Oil is sold on exchanges. Investors who never take - TigerMatt KC - 7/29 12:37:11
               that's part of it. but it affects everything from prospectin - TigerFan92 STL - 7/29 18:26:36
     Less than 3% of oil futures contract buyers take possession - TigerMatt KC - 7/29 12:05:32
     Apple had $152B in profit in 2021..45.62% increase from 2020 - Spanky KU - 7/29 12:02:51
          I don’t think he’s a very honest dude. If turning a - Outsider MU - 7/29 12:07:49
               RE: I don’t think he’s a very honest dude. — He’s not(nm) - Panthera MU - 7/29 12:34:33
     That can't be right - MIZ45 MU - 7/29 12:01:45
     Are you upset at Apple as well? (nm) - Outsider MU - 7/29 11:44:44
     Seems like they were doing better under Obama - BigDave MU - 7/29 11:40:52
          Or maybe it's more complicated than that simple thought - Mormad MU - 7/29 11:42:57
     What would be a more acceptable number?(nm) - Bulldog Bob Brown STL - 7/29 11:30:41
     Yet, Xiden inherited a growing economy in recovery from the - BH O'bonga MU - 7/29 11:26:25
          no he didn’t (nm) - pickle MU - 7/29 11:27:15
     It isn't their job to look out for the consumer (nm) - Sal CMSU - 7/29 11:25:45
          Correct - JayHoaxH8r MU - 7/29 11:27:52
               They aren't screwing anybody over - Sal CMSU - 7/29 12:16:08
               sigh - Spanky KU - 7/29 12:05:06
               Wait. Didn’t your president tell us that gas prices were… - Outsider MU - 7/29 11:55:19
               Please explain how the oil companies “screw” us. (nm) - Outsider MU - 7/29 11:45:47
                    Lots of lube(nm) - Mormad MU - 7/29 11:59:21
               Biden: I will get rid of fossil fuels - mizzouSECedes STL - 7/29 11:41:03
                    No, he does not. (nm) - Outsider MU - 7/29 11:51:43
               i see why you’re a teacher (nm) - pickle MU - 7/29 11:33:26
                    It’s the hardest job in the world doncha know… - Outsider MU - 7/29 11:52:59
                    The only thing you see is - JayHoaxH8r MU - 7/29 11:36:58
     Yes. It is great we have had no supply disruptions.(nm) - TigerMatt KC - 7/29 11:25:32




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