What are your predictions? Being a short week and today being last day of trading week, will we finally see $120? what’s your prediction for Monday opening?
Looking at right now we are at $109 WTI. Boots by this weekend and destroying oil infrastructure by Sunday?
it is rare that both WTI and Brent have same prices together?
i’m surprised there was NO tweet from the president this morning to bring down the prices lol
Posted by lightdark03
14 Comments
Fingers crossed 🤞🤞🤞
Yes, if not today then next week
It’s not like anything is getting better in the middle east
WTI is an earlier contract (They are not same month) – people are pricing in less risk for the later month.
This is the first time I’ve seen WTI higher than Brent.
Market makers will crush the spike like they did prior
They will inject enough fear and uncertainty to keep it under $110
It could, looks like there might be a short squeeze happening by the people who have been shorting crude futures in a desperate attempt to buy Trump more time to get himself out of the quagmire he unilaterally got us into
the decoupling of gold/oil is a good sign for oil if the 70s is the proper gauge.
Sold part of my longs today for a 100% profit, still got a bit running but icba living through yet another market manipulation to 90$ per barrel
definitely. $130 by monday
The 🍊💩 is a huge piece of 💩
>it is rare that both WTI and Brent have same prices together?
please tell me you’re not trading oil futures while not knowing the contract’s basic due dates
Speculators bet on escalation, engineers bet on resilience. Infrastructure is still running. That’s what moves prices long term, not tweets.
Me.
6am. Lol no.
8:45am. No?
If I had to take a guess about the WTI > Brent, it’s WTI getting squeezed upwards before the front contract expiration.