Crude oil took a big hit today with the news that it has recovered with its supply since the unfortunate Saudi Attack at its main refinery. This overall isn't bad news just means the crude corrected itself from that initial attack. But to add to the mix, China's uncertainty behind its economy brings concerns as its the worlds largest importer for oil. Saudi Arabia expresses its concern for there to be a stop to Iran's attack or we will see levels in Oil that we have NEVER seen before!
📝Articles covered in this video are below!
-China News: https://cnb.cx/2nhTU3A
-Saudi News: https://cnb.cx/2moWbJW
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By Stock Chat

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34 thoughts on “Why is crude oil selling off? saudi attack news”
  1. Avataaar/Circle Created with python_avatars Your Surgery Sister says:

    I traded options and made a killing.

  2. Avataaar/Circle Created with python_avatars Артем Заянчковский says:

    Thanks!)

  3. Avataaar/Circle Created with python_avatars mikedok1 says:

    Welcome back. What’s that action figure under your monitor, Ricky?

  4. Avataaar/Circle Created with python_avatars Marc Létourneau says:

    I think the question is whether the market is accurately pricing in geopolitical risk in the middle-east. How serious is political conflict between Iran and Saudi Arabia currently?

  5. Avataaar/Circle Created with python_avatars naif 1 says:

    I hope you talk about the inclusion of Aramco

  6. Avataaar/Circle Created with python_avatars S says:

    Great educational video Ricky! Do you think a recession is on the near horizon?

  7. Avataaar/Circle Created with python_avatars Mary Souza says:

    what impact do you think the removal of crude oil from the China 25% tariff list will have?

  8. Avataaar/Circle Created with python_avatars khalid AL Qahtani says:

    I'm from Saudi Arabia

  9. Avataaar/Circle Created with python_avatars Eric Hughes says:

    everytime you see videos like this you should long oil

  10. Avataaar/Circle Created with python_avatars Joshua Inocencio says:

    Yesssss I knew that it was going to recover back to where it was almost.

  11. Avataaar/Circle Created with python_avatars Pablo Escobar says:

    Do I need monitor like yours to be like you?

  12. Avataaar/Circle Created with python_avatars Harrison Davenport says:

    Ricky what monitors do you use, would love to see a full hardware setup video. Thanks

  13. Avataaar/Circle Created with python_avatars LiquidMonkey says:

    So if the price of oil goes up stock price goes up or down?

  14. Avataaar/Circle Created with python_avatars omi gujar says:

    Maybe big boyz booked their profits.

  15. Avataaar/Circle Created with python_avatars Johnny Dunn⭕️🚀 says:

    Yoo been watching ever since the BILZF ignite stock content. Love the No Excuses sign on the wall! If you ever want to use my music in future videos you can! My new song "No Excuses" is on spotify apple music itunes and music video coming soon to youtube! Keep up the great work!

  16. Avataaar/Circle Created with python_avatars Bill Pumarejo says:

    Found it, disregard, thanks

  17. Avataaar/Circle Created with python_avatars Bill Pumarejo says:

    There are no links as you stated in the description as you stat Ed on my iPad Pro

  18. Avataaar/Circle Created with python_avatars Carter Riemer says:

    I knew this was going to happen. I invested in AAVVF then it was selling off . It looked good though.

  19. Avataaar/Circle Created with python_avatars Matheus Albuquerque says:

    Valeu!

  20. Avataaar/Circle Created with python_avatars 80 Eddie says:

    It’s a good thing I like and keep up with politics & got Ricky as my teacher, I never really traded oil but with all this information & guidance I think I can make a good dollar, wish me luck y’all 🙏

  21. Avataaar/Circle Created with python_avatars Charles Holifield says:

    400$ one day. I'll take it

  22. Avataaar/Circle Created with python_avatars Hasitha Padmal says:

    New month good news .😂😂

  23. Avataaar/Circle Created with python_avatars Josh Radcliffe says:

    June is gone… No Excuses!

  24. Avataaar/Circle Created with python_avatars 56 says:

    I love the dramatic thumbnails some of these vids have

  25. Avataaar/Circle Created with python_avatars A Serrano says:

    Do you think gush will rebound?

  26. Avataaar/Circle Created with python_avatars Tyler McNeil says:

    War always shifts the technical data. I wonder how Iran is gonna play this out in the coming weeks.

  27. Avataaar/Circle Created with python_avatars BCreative12 says:

    Ricky is the best trader there ever was! 💖🙏🎆📊

  28. Avataaar/Circle Created with python_avatars Errdayi Invest says:

    Hi Ricky I’ve been watching you for a few months every upload I’m from the uk and when I try trade DGAZ or UGAZ it says temporally suspended? Is this because I’m using a uk app or is anyone from the uk here tasing DGAZ, UGAZ? Maybe I just need a different app I’m using 212 atm thanks 🙂

  29. Avataaar/Circle Created with python_avatars jesutofunmi babalola says:

    Hi Ricky I just joined the tech bud group on Facebook and I was sent links to 3 videos. I couldn’t load those videos, anyway I can fix it?

  30. Avataaar/Circle Created with python_avatars Justin lou says:

    Why is natural gas selling off?

  31. Avataaar/Circle Created with python_avatars Probing One says:

    Great lesson on fundamentals vs technicals weighted.

  32. Avataaar/Circle Created with python_avatars Faraday says:

    I had a limit order for 5.15 and the low was 5.17 so close on my theory for dwt

  33. Avataaar/Circle Created with python_avatars Anthony Hidalgo says:

    Apparently Saudi alleged that Iran made the attacks, however they have not provided any evidence for it. Saudi wants to take Iran to war along with it's allies and since China buys a lot of Oil from Iran, it's said that they are trying to control the oil coming out of the middle East. Look into this!

  34. Avataaar/Circle Created with python_avatars engineerdada says:

    Ricky ; I lost about 5k. I bought energy stocks on the very next day of the attack via market order ( I was stupid ) ; and I bought it at the peak price. My loss keeps getting bigger and bigger every day. Should I hold it or sell it with that huge loss. Exxon parsley ruined me .

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