Current oil prices at $61 are elevated; buyers at that level "don't like money" because they're paying too much relative to fundamental value.

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Speaker

Unidentified Speaker — Global Recession Now Inevitable? Oil Will Collapse, Here's … [-vCqXKlZuu8]

Evidence Quote

I don't know who's buying oil at 61, but they don't like money

Source

Global Recession Now Inevitable? Oil Will Collapse, Here's How Low | DoombergDavid Lin
Created: 8/11/2026, 7:23:38 AM

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