
andre212nyc
5.9K posts

andre212nyc
@andre212nyc
I am a human, a traveler, a musician, a writer, a squirrel rights advocate. Posts and contributions are purely entertainment only






.@SecScottBessent: In the coming days, we may unsanction the Iranian oil that's on the water. It's about 140 million barrels, so depending how you count it, that's 10 days to 2 weeks of supply, that the Iranians had been pushing out, that would have all gone to China. In essence, we'd be using the Iranian barrels against the Iranians to keep the price down for the next 10 or 14 days, as we continue this campaign. So, we have lots of levers.

🚨OIL UNDERPRICED BY FINANCIAL MARKETS Goldman’s Jeff Currie says 'paper' crude oil near $100 is disconnected from physical markets trading barrels between $130 and $170, with refined products above $200. A clear disconnect between paper and physical oil trade.


Trump says he's 'not afraid' of Vietnam-style ground combat in Iran trib.al/BmwExdQ



If you want to buy insurance, the WTI costs 200$ If you want to buy WTI, Bessent says no more than 100$ Fyi, when in 2008 the WTI peaked at 170$, its implied volatility peaked at 90. #OOTT




