How Global Oil Prices Were Raised $1.50 by a Drunk Trader

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Music by Epidemic Sound

Komente

  • TX GAMING
    TX GAMING12 orë më parë

    Ya right , BILDERBERG is what raises the prices

  • Gilquattro
    Gilquattro2 ditë më parë

    Am I going crazy or is this the voice actor from @ownage pranks?

  • Daniel T
    Daniel T2 ditë më parë

    Did he profit off the trade?

  • Paras Mani Rawal
    Paras Mani Rawal3 ditë më parë

    I guess thats a forward contract not future... corn example

  • Sener Zen
    Sener Zen4 ditë më parë

    At the end, it turns out it was market manipulation and being "drunk" is just an excuse, trying to look innocent. But that is not as interesting, I guess. So, ignore the court, take him at his word and make a ALthe video.

  • Alexander Hahn
    Alexander Hahn4 ditë më parë

    efficient market hypothesis BTFO

  • Can Karako
    Can Karako4 ditë më parë

    This is not that interesting overall change is less than 3%. Oil price can range like this every day. This guy could easily been in profit in a week.

  • Martin Ivers
    Martin Ivers5 ditë më parë

    Wait, there is also sober trading?

  • HmMMmmMm WhAT
    HmMMmmMm WhAT5 ditë më parë

    4:31 nice

  • mactep
    mactep6 ditë më parë

    can anyone explain why he was punished for simply buying futures? i dont understand how he comitted a crime by doing with futures what they are made for- buying them

  • I cape runts
    I cape runts6 ditë më parë

    This is why normies will be automated out of the workforce.

  • viraltaco
    viraltaco6 ditë më parë

    Buy high, sell drunk

  • Sean
    Sean6 ditë më parë

    Who else loves all the random names for alc**ol?

  • Mikki Hintikka
    Mikki Hintikka6 ditë më parë

    trading should be never illegal. "market manipulation my ass" if he held 69% of the oil market, he is the market and can do whatever he wants...

  • TheBeast
    TheBeast6 ditë më parë

    When I'm drunk I mess up up

  • m16fermy
    m16fermy9 ditë më parë

    I'll make sure all the oil in my car curses like an angry sailor from now on sounds dope I'll just tell people it has tourette's

  • Iseenoobpeoples
    Iseenoobpeoples9 ditë më parë

    This video is like disguised fake news.

  • Daniel
    Daniel10 ditë më parë

    Did he make a profit or a loss off his drunken purchase tho?

  • Sam 89
    Sam 8910 ditë më parë

    Time to buy back into oil?

  • MrBl4ckY
    MrBl4ckY11 ditë më parë

    There are individuals who can influence the economy on the same magnitude as major conflicts, by a c c i d e n t.

  • broly rcf
    broly rcf12 ditë më parë

    Meanwhile in haiti 1 gallon cost equal $10

  • majorsnuffo gaming
    majorsnuffo gaming13 ditë më parë

    Nice video but the 72,000 pounds fine with the $ sign in front of it was annoying lol

  • edward bananahands
    edward bananahands13 ditë më parë

    theres no way he was really drunk, 72000$ fine is nothing to guys like him.. pocket change.. specially when the "mistake" likely made billions.. like come on.. open your eyes, obvious scam

  • Dugieva rosa Mustafovna
    Dugieva rosa Mustafovna13 ditë më parë

    Dear Sir / Madam, LLC"RAKURS" hereby with full legal Authorization wish to inform you on the Refinery vessel loaded with D2, LCO, EN590 10PPM on high sea. We need serious Buyer for the products, Official MOU to the product will be sent at your immediate response to this request will be high appreciate. NB: Only Official Buyers / Buyers Mandate are to respond. Best regards, LLC"RAKURS", Dugieva rosa mustafovna . WhatsApp +7 965 345 3833 Skype ID - live:.cid587bf2a71781f6cd Email: dugievallc-rakurs@mail.ru DIRECTOR / CEO.

  • Tyler Oliver
    Tyler Oliver14 ditë më parë

    Exactly why you can never trust people who drink.

  • Timuçin Harkonnen
    Timuçin Harkonnen14 ditë më parë

    Reading the title. Reading the title twice. Wait... what?!

  • B
    B15 ditë më parë

    What was so illegal with what he did?

  • TheOzarkWizard
    TheOzarkWizard16 ditë më parë

    3:09 Star note

  • Dragon Stone Creations [DST]
    Dragon Stone Creations [DST]16 ditë më parë

    Did he bagged profit or incurred in loss?

  • Darius Perlado
    Darius Perlado16 ditë më parë

    HAHAHAHAHA 69 FUNNY NUMBER AM I RIGHT?

  • PINE x2
    PINE x216 ditë më parë

    i watched this whole video expecting to be told how much he made / l;ost on the trade.. shame..

  • Dugieva rosa Mustafovna

    Dugieva rosa Mustafovna

    13 ditë më parë

    Dear Sir / Madam, LLC"RAKURS" hereby with full legal Authorization wish to inform you on the Refinery vessel loaded with D2, LCO, EN590 10PPM on high sea. We need serious Buyer for the products, Official MOU to the product will be sent at your immediate response to this request will be high appreciate. NB: Only Official Buyers / Buyers Mandate are to respond. Best regards, LLC"RAKURS", Dugieva rosa mustafovna . WhatsApp +7 965 345 3833 Skype ID - live:.cid587bf2a71781f6cd Email: dugievallc-rakurs@mail.ru DIRECTOR / CEO.

  • TheStrawberry Sunday
    TheStrawberry Sunday17 ditë më parë

    500.000.000 / 71.40 = 7.002.801,120448179 7.002.801,120448179 x 73,50 = 514.705.882,3529412 514.705.882,3529412 - 500.000.000 = 14.705.882,35294118 ~/= 14.705.882,35 Did i missunderstand somethink or earn that dude just 14,7 millions in 2 HOURS being DRUNK AF and dont even rember it anymore ?!

  • Farkas Csaba
    Farkas Csaba17 ditë më parë

    buy onion in fixed price.

  • The Mozart Thug
    The Mozart Thug17 ditë më parë

    Yeah tell me about it, I traded corn once.........only to get a knock on the door from a farmer with 18 lorry's outside all full of corn.....

  • Samuel Montgomery
    Samuel Montgomery18 ditë më parë

    Banks manipulate global market: get bailed out Drunk guy manipulates global market: jail ??????

  • Dugieva rosa Mustafovna

    Dugieva rosa Mustafovna

    13 ditë më parë

    Dear Sir / Madam, LLC"RAKURS" hereby with full legal Authorization wish to inform you on the Refinery vessel loaded with D2, LCO, EN590 10PPM on high sea. We need serious Buyer for the products, Official MOU to the product will be sent at your immediate response to this request will be high appreciate. NB: Only Official Buyers / Buyers Mandate are to respond. Best regards, LLC"RAKURS", Dugieva rosa mustafovna . WhatsApp +7 965 345 3833 Skype ID - live:.cid587bf2a71781f6cd Email: dugievallc-rakurs@mail.ru DIRECTOR / CEO.

  • lorenzo fiorini
    lorenzo fiorini18 ditë më parë

    I may be drunk at the moment but I'm pretty sure what you described between you and the farmer is a "forward" not a "future". A "future" is when these deals are standardized and traded publicly, while your deal with the farmer was private.

  • khairi zitouni
    khairi zitouni18 ditë më parë

    £72,000 but it showed $72,000 at 5.07

  • Sawandi Ralph
    Sawandi Ralph18 ditë më parë

    Who made money off of his trades?

  • charles norris
    charles norris19 ditë më parë

    good old pump and dump. bitcoin does it best.

  • Nickolai
    Nickolai20 ditë më parë

    Future joke, was the highlight

  • Skrrrtity rørckity
    Skrrrtity rørckity20 ditë më parë

    God damn loch Ness monster

  • Sir Chris
    Sir Chris20 ditë më parë

    Bruh this happened on my birthday

  • Florestan Trément
    Florestan Trément21 ditë më parë

    How did you manage to get any corn from an imaginary farmer???

  • Dakota Neubert
    Dakota Neubert22 ditë më parë

    That bus joke really had me laughing pretty hard.

  • Solublemoth
    Solublemoth23 ditë më parë

    Firstly, who's money did he spend, secondly, what happened to all that oil!

  • Ice Cold
    Ice Cold23 ditë më parë

    I mean... Guys... do you seriously believe this story?. A guy took actions to drive the cost of oil upwards while working for an oil company. Convenient. He was found committing a tremendous financial crime. He was fined 72K pounds. Which is probably what made in a month. and given to pay it in 32 instances. Convenient. He wanted to retire, the company offered him a juicy retirement bonus if he did some dirty business for them, and the firm earned a huge profit from the artifical market manipulation he had done.

  • Talente Khuzwayo
    Talente Khuzwayo24 ditë më parë

    I don't get why he did was illegal. He was basically retail trading with a lot of money

  • On [Topic]
    On [Topic]24 ditë më parë

    It bothers me more than I can describe that his name is "Perkins" and you pronounce it "Perkings"

  • gábor papp
    gábor papp25 ditë më parë

    oh no i did it again

  • G C
    G C26 ditë më parë

    I did this I did it. I did.

  • Alexander Holm
    Alexander Holm27 ditë më parë

    He could just have sold all the oil again for a higher price afterward. that's just genius.

  • Land Lord
    Land Lord28 ditë më parë

    Most expencive booze ever.

  • Ryugu Rena
    Ryugu Rena28 ditë më parë

    If I could stay at home, I'd be drunk for all of my trades. Maybe I'd be a millionaire by now

  • Cash Nelson
    Cash Nelson28 ditë më parë

    Ah but yes, economics is a science and market movements are perfectly natural :) human interference just ruins it :)

  • electroblitz
    electroblitzMuaj më parë

    4:34 69%

  • Patrick S
    Patrick SMuaj më parë

    You missed the most important part of this story!!!! What was his P/L for that day? Lol or maybe it of been his brokerage's profit/loss % of $

  • Ayan Sinha
    Ayan SinhaMuaj më parë

    What a day! I shorted Oil yesterday, made around 1$ profit per barrel

  • James T
    James TMuaj më parë

    This has to have been made while you where drunk

  • RainbowRoadMaster8
    RainbowRoadMaster8Muaj më parë

    5:08 "72,000 Pounds" Proceeds to use the dollar sign.

  • Drew Gates
    Drew GatesMuaj më parë

    Firing squad

  • Filipineboi
    FilipineboiMuaj më parë

    Task failed successfully

  • Aostrele
    AostreleMuaj më parë

    0:27 people in late 2020: 😱😱😱😱😱😱😱😱😱

  • Kat I M
    Kat I MMuaj më parë

    I've done worse!

  • Colton Smith
    Colton SmithMuaj më parë

    This is why the entire stock market is a joke that enriches the wealthy and screws over the poor.

  • Zach B

    Zach B

    27 ditë më parë

    @Colton Smith I don’t see stocks ruining lives. I see them leading to huge innovation and the ability for successful ideas to expand. The real issue is the government over regulating every section of the economy, killing off new startups with licensing fees, taxes and red tape.

  • Zach B

    Zach B

    27 ditë më parë

    @Colton Smith what you own is a part of the business, not what they make. Essentially it is a part of the profits - but in reality it’s only a part of the dividends payed out with profits. But that’s fine, places like Amazon don’t pay a cent in dividends. Instead, they reinvest everything back into their business. Now stocks are a real ownership, a company can’t just take back their stocks without compensation. It’s not the ownership of the goods that company produces. On the flip side, you don’t need to pay a cent more after buying that stock.

  • Zach B

    Zach B

    27 ditë më parë

    @Colton Smith no, I’m saying smaller corporations wouldn’t exist. Big corporations can exist without the stock market - in fact it would probably work better for them. With it being far too hard to start a larger business, the corps would have very little competition. There is no problem with stocks, you just sell a part of your business. Much like a apartment might sell a room or a storage place might sell a garage.

  • Colton Smith

    Colton Smith

    27 ditë më parë

    @Zach B so what you're saying is that without the stock market, giant corporations that exploit millions of workers for the benefit of a few at the top wouldn't exist? You also don't sell parts of your business. Nothing trades hands. None of the stocks traded are real. I can't buy Apple stock and then go grab an iPhone, because what I "own" is imaginary. I'm glad you like the stock market, and I'm glad it's worked for you, but don't try to defend it and act like it's this great thing. It's a terrible thing that has ruined countless lives and only contributes to income disparity and poverty.

  • Zach B

    Zach B

    27 ditë më parë

    @Colton Smith no one makes money from casinos, it always takes more than it gives. But you do make money from the stock market, 7-10% is your average yearly return on stocks.

  • SCP-049
    SCP-049Muaj më parë

    "so uhh... yeah, i was that guy who umm... bought 500,000,000$ of oil..."

  • SCP-049
    SCP-049Muaj më parë

    imagine waking up, oil prices are 1.50 more, and then find out it was you after a night at the bar.

  • Chrispycoop
    ChrispycoopMuaj më parë

    4:32 ;)

  • Sushiplug
    SushiplugMuaj më parë

    So coming from the future, he saved them billions of dollars

  • Adrian Lazaro
    Adrian LazaroMuaj më parë

    “3 is a magic number” yes!!!

  • Cube
    CubeMuaj më parë

    How did it end though? Did he sell his oil for profit went even or lost millions? Don’t leave us with a cliffhanger

  • Steven Kerr
    Steven KerrMuaj më parë

    “Since finance bros seem to only be able to fail upwards ...” sad but true

  • Ante Ujcic
    Ante UjcicMuaj më parë

    Hey i wasnt that drunk

  • skknIreeKer
    skknIreeKerMuaj më parë

    How is Alcohol the devils water? Its the blood of christ!

  • William Gilliam
    William GilliamMuaj më parë

    I want to buy some future corn

  • Musab Khan
    Musab KhanMuaj më parë

    Wanna see something nice? 4:32

  • Kalpact
    KalpactMuaj më parë

    drunkenly spoofed the oil market

  • MrMattie725
    MrMattie725Muaj më parë

    Isn't BILL Perkins an oil trader and known gambler? :D

  • Maya Luna
    Maya LunaMuaj më parë

    Nice

  • N8
    N8Muaj më parë

    How is it illegal to manipulate the market when the the government and banks do it all the time

  • Al Keasbey
    Al KeasbeyMuaj më parë

    Wait you're the same person that does the Wendover videos. How did I not realise that

  • soulrisk1010
    soulrisk1010Muaj më parë

    So... how exactly did he do this? Or do the manipulation? That seems like pretty key information.

  • Nikita Kucherov
    Nikita KucherovMuaj më parë

    Wonder if this Perkins is related to the poker player Perkins that made a billion trading oil futures?????

  • Alice Hunter
    Alice HunterMuaj më parë

    HAI and Wendover are the same guy? awesome

  • Martin
    MartinMuaj më parë

    К А Р А М Е Л Ъ future

  • Cheyenne Reynoso
    Cheyenne ReynosoMuaj më parë

    That was the funniest video you’ve ever made 😊 lol no sarcasm, I loved it.

  • P77777777
    P77777777Muaj më parë

    Wait so has someone actually tried to deliver goods to a futures trading company if they held onto the future too long?

  • P77777777
    P77777777Muaj më parë

    So my price of gas went up from a drunk?

  • In process to delete
    In process to deleteMuaj më parë

    It seems so dumb that he was fined for that, like, he just bought *alot* of stuff

  • MyRegardsToTheDodo
    MyRegardsToTheDodo2 muaj më parë

    I guess he died of alcohol poisoning from all the booze the Venezuelans must have sent him after they learned what he had done.

  • NoBudjetFilms
    NoBudjetFilms2 muaj më parë

    Should have forced him to commit some sort of societal/professional seppuku publicly to make him an example to the rest.

  • Mārtiņš Liepiņš
    Mārtiņš Liepiņš2 muaj më parë

    So basically that fine means that buying while drunk is illegally manipulating the marker?

  • Sir Trollalot
    Sir Trollalot2 muaj më parë

    so... he made loads of money.. no?

  • Who Knows
    Who Knows2 muaj më parë

    r/WSB at it again

  • Benjamin Martin
    Benjamin Martin2 muaj më parë

    How was the Marshall islands?

  • Rodrigo Nogueira Mota
    Rodrigo Nogueira Mota2 muaj më parë

    why he didn´t just run naked on the streets singing "I´m a Jedi Master" like a normal person would do?

  • LightAndDarkKlumpi
    LightAndDarkKlumpi2 muaj më parë

    aa fuck i spent 500 mil by trading oil last night again i should stop drinking

  • It's Cy
    It's Cy2 muaj më parë

    4:33 Nice

  • Slobodan Milosevic
    Slobodan Milosevic2 muaj më parë

    "bingo bango bongo"

  • Apoorv Phillips
    Apoorv Phillips2 muaj më parë

    The video shows 72000 Dollars and you spoke 72000 pounds

  • Diara Dalmatian
    Diara Dalmatian2 muaj më parë

    The moral of the story is: If you're rich, you only get richer.. his "fine" is ridiculous.. that's pretty much his pocket money..

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