2025-12-10 00:03:39

Oil's holding steady just above $58 after dropping two days straight. The culprit? US production hitting record highs while fuel stockpiles keep piling up—classic signs the global supply glut is getting worse, not better.

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MissedTheBoat

· 20h ago

This round of oil price decline is pointless. Over-supply continues to cause trouble? US production hits new highs, with inventories piling up... Truly unbelievable.

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EthMaximalist

· 12-10 00:28

Oil prices being stuck at 58 yuan like this makes it feel like the market is just waiting for the next move from the Fed. With record-high production and inventory buildup... isn't this a signal that a recession is coming?

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AllInDaddy

· 12-10 00:25

U.S. oil production has hit a new high again, and inventories are piling up... Oil prices are likely to remain under pressure, and if the $58 level can hold, that would already be pretty good.

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CryptoTherapist

· 12-10 00:13

ngl, that $58 resistance is literally just your portfolio's defense mechanism kicking in. we're watching peak market anxiety unfold—everyone's in denial about the supply trauma. have you considered why you're still holding? there's some unresolved FOMO energy here that needs unpacking. this isn't a dip, it's a cry for help from the broader market psyche tbh

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