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Showing posts with the label oil market
Oil trades close to the $95 psychological resistance, as Trump orders strikes on Iranian oil tankers, Iran retaliates with a massive missile strike on Muwaffaq Salti airbase. U.S. forces churn through a massive amount of Patriot missiles, to defend the base.
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self explanatory chart: The transactional yo/yo of Trumpist on/off "threats" and "deals" on Iran. OIl price holds above the Trump $80 "put"
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self explanatory chart: oil jumps 9% on Trump' bombing of Iran again. The on/off Nixon esque madman theory is probably becoming reality for a President out of control, with no real strategy, sans an end year prize re: Iran. Will he order an invasion of an Iranian Island?
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self explanatory chart: Oil goes bid, mirroring the midpoint of the Iran war, when Iran began targeting Gulf State U.S. bases. Trump orders "Project Freedom" which is a possible smoke screen to invade Kharg Island steal the oil and, then steal the Uranium. Messy. With six month avg oil price at $94, the global economy could splutter out with inflation.
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Self explanatory chart: TRump reiterates in his "Mad Man" Nixon-esque 'logic' (?) that he'll bomb Iran back to the Stone Ages. OIl jumps over 5%. April 6th deadline looms where he will attempt to turn off (bomb) Iran's electricity, water and amenities. Essentially a war crime of mass proportion, Iran will attack desalination/energy plants in the Middle East.
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OIl remains bid over $102. after Trump has jawboned once again, claiming that he ready to leave the Strait of Hormuz closed (?), and end the war with objectives in tact (?). Nixon "madman theory" and oddball confusion at best. Oil futures drop 0.50%. Bonus chart is the DXY and 10 yr yield, hammering US consumers with higher interest/mortgage rates, and and businesses higher costs to operate. Additional quotes , Trump nonsense.
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Oil jumps over 1% on Yemen Houthis joining the conflict, could shut down Red Sea shipping which ships 10% of global oil, mixed with the Strait of Hormuz 20% = 30%. Oil may hit $170, which would lead to a systemic crash of global economies..
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self explanatory chart: Will Trump and Israel bomb Iran's electrical grid? Essentially an attempt to destroy the whole country, if Iran does not surrender. Oil will go parabolic
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Oil is bid over $98, as Israel begins bombing Iran's energy grid, with a possible US/Gulf State land invasion of Iran looming. Iran threatens all of the Gulf States refineries.
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Oil is bid over $90, as Iran attacks merchant shipping along the Straits of Hormuz, both Trump and Israel, with no strategic plan on how to end the war with Iran, apart from their 'superior firepower, solves everything' delusion, may need to land invade Iran.
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2026 oil shock is coming. Oil tops $115 a barrel, as the Joint Maritime information center, (international navy advisory board) says the straits of hormuz, is effectively "shut". America and Israel may invade Iran soon, with Israel amassing Troops on the Lebanese border.
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Will Trump allow the U.S. Treasury department to sell oil contracts, and "short" the oil futures market? This is classic Fascist style manipulation of the free markets under corporatism. We await the Strategic Petroleum Reserve release to be the first step .
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Oil spikes as Israel and US attacks Iran. Iran shuts down the Straits of Hormuz. Oil is now trading at over two year highs. And Iran could engage in a protracted war with America and Israel, showing up a miscalculation of strength through superior firepower. Will American forces invade Iran?
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Oil spikes, as Trump issues sanctions/tariffs/blacklists on China's mainland refineries for purchasing Iranian oil, at the cusp of the Gaza ceasefire.
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Oil stays bid, on the Federal reserve cutting 0.25% from the benchmark rate. pressured by President Trump. Stagflation which has been lite for over 2 years, may become more evident on USD weakness, Fed cutting 0.50% towards the end of the year, and food/oil/energy costs skyrocketing. You voted for him.
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As the Fed has been pressured to deliver a rate cut by a Facist president who does not believe in interest rates on debt, check your history, proto/Facist societies thought out history were inflationary messes. Oil spikes on usd weakness, russian oil disruption.
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