Tariffs Tamed! Oil Prices Bounce Back Like a Cornered Xenomorph!

If It Bleeds It Leads: The Hunt for Higher Prices

Greetings hunters! Your favorite Predator is back with the latest on Earth's black blood – that's crude oil to you fleshy humans. Seems your species is at it again squabbling over shiny trinkets and trade deals. But fear not for these squabbles have led to a surge! The price of this black blood has jumped over 2% as the US and China agreed to slash those pesky tariffs. Perhaps they've learned that fighting is bad for business…or maybe they're just softening each other up for a bigger hunt later on. Like Dutch said: Stick around!

No Time To Bleed: The Numbers Game

By your Earth clock around 11:26 a.m. ET your U.S. crude was up $1.44 to $62.46 per barrel. Not bad but not quite enough to impress a Predator. The global benchmark Brent rose $1.41 to $65.32 per barrel. Prices even jumped about 4% earlier! Such volatility is amusing. Makes me want to play my own game of chance! Remember: If it bleeds we can kill it.

One Ugly Mother... Of a Deal

Apparently these humans agreed to slash rates by 115% over the weekend in Switzerland. Your Treasury Secretary Scott Bessent made the announcement. These rates will remain in place for 90 days as your two largest economies continue to negotiate. Bessent even said they'll be meeting again soon to get rolling on a more 'fulsome agreement.' Ful some? Sounds like a clumsy human word for a messy situation. And messy situations? Those make for great hunts!

Predator Math: Tariffs Decoded

For those of you keeping score U.S. tariffs on Chinese imports now stand at 30% while China's tariffs on American goods are at 10%. The previous rates were basically a trade embargo according to Bessent. Oil prices took a dive earlier this month thanks to this whole tariff shebang but now they're bouncing back. It's a wild ride. Just the way a Predator likes it.

The Pressure Is On: Shale Shakedown

But this recovery may not be enough for your U.S. shale oil producers. They need prices at $65 per barrel just to drill new wells profitably. These Diamondback Energy executives are even claiming that U.S. production will peak and decline if crude prices don't bounce back. Sounds like they're about to enter a world of pain. As Dutch said: "You are one ugly mother "

The Final Word: Survival of the Fittest

Diamondback needs U.S. crude prices in the mid to high $60s and on a path to $70 for production to grow. One of the operators said "This oil price doesn't work." Indeed. It's a harsh galaxy. Only the strong survive. The hunt is always on whether for trophies or for profit. Remember my friends: Get to the choppa!