Oil prices set for swings next week as US-Israel strikes raise supply uncertainty

    https://apnews.com/article/iran-israel-iran-strikes-oil-prices-4a4a800739e53a30ff63b5e89e84ad71

    Posted by Playful_Leg7143

    14 Comments

    1. OPEC wants to increase supply to offset the oil price going up.

      Not sure thats going to work all that well with the Strait of Hormuz basically blocked.

      Going to be a wild time for markets. 

    2. Will cyber security stocks bounce back next week? Aren’t Iranian’s some of the best hackers in the world?? CYBR stocks have taken a beating the last couple weeks.

    3. XLE has been at the top of it trading range for a while now. I bought some March puts last week.

    4. RichIndependence8930 on

      Oh if you think that is bad imagine if Iran actually turns the Persian Gulf refineries (and thereby their own) into twisted flaming rubble

    5. Well with iran closing the strait of hormuz, its likely that gas, oil and any shipped commodities will skyrocket

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