Now that the market is closed, wonder what is going to happen and the chaos that starts on Monday… any thoughts?
Now that the market is closed, wonder what is going to happen and the chaos that starts on Monday… any thoughts?
byu/koraxnj inoil
Posted by koraxnj
25 Comments
**Saturday breaking news**
The US marines are storming Iran. Bushehr as the new Normandy beach 🤦♂️
I really hope it will not come to that..
We’re gonna learn more about aliens this weekend as a distraction and somehow that will lower oil prices
Still about an hour to go on the source price. That’s up to $115 now and there doesn’t seem to be any resistance. Trump’s declaration 2h ago, **for the first time, did absolutely nothing**. Iran-side declarations, on the other hand, are about drastic measures that will push the price up higher
On Saturday we can stay glued to the Singapore weekend price and maybe infer something small from crypto oil synthetics (don’t take them seriously)
On Sunday afternoon ICE resumes pricing so everyone will know what’s coming for Brent Crude by Monday morning
From the looks of it half of the folks here are going to be in serious profit, but we might be the only ones happy about it
Futures aren’t closed yet
Trump will say Iran is giving the US all their oil for free right before markets open and somehow people will believe it.
Market is closed now. Not when you posted though ^^
Trump will announce he’s won the war for the eighth time.
If trump doesnt say anything super koombayahosh its gonna be oil to 125-135 end of week
At this point Trump might start releasing unredacted Epstein files to pull attention away from energy prices.
Probably an attack on Kharg island. More strikes on oil infrastructure.
Depends, could just continue down until the 610 area and have a dead cat bounce. (Edit: I discuss spy often and forget to place context on it, that’s the 610 I’m discussing).
At this point it comes down to announcements made by countries in efforts to save their economies.
The EU is meeting this weekend. Maybe there’s another release of reserves (50% of the EU/US reserves are projected to be drawn down mid April). Maybe there’s regulation restriction releases like Japan did today on coal.
Those sorts of things are the only minor relief rallies we will see likely down to 550.
Don’t expect an end of the war to save the global economy at this point either. At most just another relief point. Too much damage done and we don’t even know what it will take (negotiations wise) to open the strait or how much oil will come back online.
As I projected however, export bans are already being implemented as we just saw Russia banned gasoline exports starting April 1st. Hard to say how export bans news will capitulate things.
Trump announces an Iranian surrender at 7:30 AM. I think that’s all they have.
I don’t think anything big this weekend. Need another week to get troops in place.
No doubt the bombing will start now and end on Monday after they’ve sold at the peak
Both sides realize war is the dumbest thing humans do and will declare a forever era of peace, resource sharing, and commit to addressing climate change and global poverty
They will all come to their senses for sure
Our Supreme Genius Leader and Owner of a Nobel Peace Price will usher an era of scientific progress, social enhancement, and human prosperity
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2 long days…. anything can happen
1 of 3 things. Up, down, or (stay with me now this could be shocking) sideways.
I think it’s gonna be a crazy week one way or the other with trading closed next Friday and that’s the deadline for trumps current deal
Aliens, asteroids, nukes?
HODL!!!!
I just know that both sides won’t back off and my xom calls will print
This week nothing. That’s the big news.
They are eating the cats and dogs and aliens
Some announcement will be made about a ceasefire or the straight opening and oil will drop 10 to 15% by closing bell Monday….