Imperial Petroleum Stock Forum

On Wednesday, the IEA's report predicted global oil demand would peak in 2029, casting a bearish outlook on the oil market.
On Thursday, OPEC's Secretary-General criticized this prediction, arguing it could mislead consumers and cause unprecedented market volatility. He asserted that global oil demand would not peak by 2029, emphasizing the ongoing growth in demand as billions of people worldwide still lack access to energy. 
$Crude Oil Futures(AUG4)(CLmain.US)$ $Exxon Mobil(XOM.US)$ $Imperial Petroleum(IMPP.US)$ $Occidental Petroleum(OXY.US)$

Saudi Energy Minister Prince Abdulaziz bin Salman said OPEC+ could pause or cancel the production increase plan if the market isn't strong enough. Russian Deputy Prime Minister Alexander Novak said OPEC+ might adjust the agreement if necessary, attributing recent oil price declines to market misunderstandings and speculation.
$Crude Oil Futures(AUG4)(CLmain.US)$ $Occidental Petroleum(OXY.US)$ $Chevron(CVX.US)$ $Exxon Mobil(XOM.US)$ $Imperial Petroleum(IMPP.US)$

Even as OPEC just extended oil production cuts of 2 million barrels per day, oil prices are nearing their 2024 lows.
Recent data suggests that US economic activity in manufacturing and construction is slowing, a recessionary sign.
As a result, oil prices are down 16% from their April peak and up just 3% year-to-date
Markets are not buying the "soft landing" narrative.
$Crude Oil Futures(AUG4)(CLmain.US)$ $Occidental Petroleum(OXY.US)$ $Exxon Mobil(XOM.US)$ $Imperial Petroleum(IMPP.US)$ $Chevron(CVX.US)$ $BP PLC(BP.US)$ $Dow Jones Industrial Average(.DJI.US)$

$Imperial Petroleum(IMPP.US)$ ouch

$Imperial Petroleum(IMPP.US)$ can it touch 4.58 today?

$Imperial Petroleum(IMPP.US)$ Up next 4.35

$Imperial Petroleum(IMPP.US)$ any body here？

$Imperial Petroleum(IMPP.US)$ next stop 4.25

$Imperial Petroleum(IMPP.US)$ lookin good, finally broke and reset resistance at 4.