This swinging of the ORI price by around 1 to 1.50 every couple of weeks is pretty annoying to see. We were 19.20 as of like 3 business days ago or 2 and as I post this its getting back to 18.00?
Annoying to watch but no biggie.
I can't believe how much people are crapping their pants about Oil prices. Seriously do these analysts and people who write articles think we are all collectively stupid?
When oil prices ran up high in the beginning there were plenty of articles written about how high oil prices were harming the economy because its one of the biggest input costs across the entire economy.
Now that oil prices are sliding people are writting how it will harm the economy? Give us a break....
Plastic. Made with oil.
Food to the store, trucked with oil.
etc etc
Oil goes into literally everything so the fact its prices have plummeted is a huge boon for every single business that isn't an oil business.
As well as household budgets that have likely just seen an extra 100-300 per month spare.
ORI Price at posting:
$18.35 Sentiment: Buy Disclosure: Held
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