Onyx Capital Group’s Post

Transcript

Today is Friday the 13th, but for oil traders and the APEC Alcoholics, it is frankly kwangju. It's Friday. Picture this. It's a Tuesday night in Singapore. You check on X flux Brents at 71. You buy the dip. You go to Fullerton Bay for the Saudi Ramco party. Life is good, but you don't check the weather forecast. It was cloudy with a chance of bears and a whole lot of beers. You know that heart sinking feeling when something's gone wrong. You know when you. When when your mum's back but you never took the chicken out of the freezer. Or when you get a call from HR or Bloomberg Red headline Brent oil falls below 70 for the first time since December 2021. They're eating the dogs. They're eating the cat. I've heard this all my life and more importantly that Eating the Bulls earnestly collective from Eminem that is Modi and MBS, No not Marina Bay Sands but Mohammed bin Salman. Both will be hoping for the shorts to. Ouch. Isn't the market already Max shorts? Forget COVID, it is a mad cow disease out here. Look, OK the Wall Street banks and the trade houses are down grading the Brit forecasts but what does Taylor Swift think about? Oil prices, forget Kamala, with the jet flat price so low, it is a good time to hedge. If only there was a retail trading platform for you, Taylor. Hmm Onyx markets stay tuned. Anyways, that was yesterday's news, but now back above 70 and still climbing. Reconnaissance complete, but will the bears go back for more? Now you may remember that we did a segment about where's Kate earlier this year. Well, we saw the good news and. All delighted to hear that Kate Middleton has completed chemotherapy treatment. Add oil cake. We're rooting for you. And non oil news. We would like to congratulate Yannick Sinner on winning the US Open and David goal for his new baby girl. Always loved a side project, didn't you? Cheers to the honey juice and bright futures at 69. Nice.