analysts can “say” all they want, but SHEL has gone up by over 6% since the mideast war started ...
Southern Pennsylvania holding steady but Maryland plummeting...42 ti 50 cent/gallon differential now.
Gas prices have gone down since the attack. Every day.
Because speculation.
A lot of non geo political experts in the stock trading business.
I saw several friends discussing they were buying oil stocks. Just the run on oil stocks could drive up stock price, no?
But that doesn’t mean it translates to price at the pump.... or maybe I’m wrong. Maybe someone who knows can enlighten me if I am.