Today’s oil prices are more thrilling than a roller coaster, more exciting than the A-shares, and harder to predict than an ex’s heart.

This morning, as soon as I opened my eyes, oil prices shot up instantly, breaking above $110 at the open, and by noon, they surged to $117, with an intraday increase of up to 25%! Friends, do you know what 25% means? The money you used to fill up your tank in the morning can only fill three-quarters of it by noon.

A few days ago, I watched silver plummet 35% in a single day, feeling heartbroken. Today, I turn around and see oil surging 25% in the opposite direction. This market is truly crazy, crazier than I could have imagined.

However, just when everyone thought oil prices were heading to Mars, the G7, along with the IEA (International Energy Agency), suddenly stepped in: “Brothers, calm down! Let’s release some oil together!”

The IEA holds about 1.2 billion barrels of “reserves,” and the big brother of the US slammed the table: “Release 300-400 million barrels! Pump 10 million barrels into the market daily for 30-40 days to fill the gap caused by the Iran situation!”

As soon as the news broke, oil prices instantly lost momentum, with Brent falling back to $103, and WTI obediently returning to the $100 mark.

But it’s not that simple.

On the other side, OPEC (Organization of the Petroleum Exporting Countries), led by Saudi Arabia and Russia, immediately exploded: “What release?! We finally managed to raise prices, and you’re doing this? We strongly oppose! Believe it or not, we might cut production to make you release oil in vain!”

So, now oil prices are no longer just a matter of supply and demand. It’s two groups fighting: one is the consuming countries desperately trying to “put out the fire,” and the other is the producing countries wanting to “add fuel to the fire.”

Currently, Brent is at $103, and WTI is just at $100. You ask me where it’s headed next? I can only say: If I knew, I’d be lying on a yacht drinking champagne instead of writing this joke.

In short, today’s oil price movements are arguably the biggest drama of the financial market year. It’s recommended to turn it into a movie, titled: “Oil Price Rhapsody: Who’s Secretly Releasing Oil Behind the Scenes?”

This world is truly getting crazier day by day.

(Kind reminder to fellow drivers: cherish every moment on the road.)$XAG