musashi
14.2K posts
musashi retweetledi
Shifting the goal posts:
On April 26, it was in “three days.”
On May 2, it’s “next week.”
Giovanni Staunovo🛢@staunovo
Next week #Iran may have to start shutting oil wells - @SecScottBessent #oott
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musashi retweetledi
ECB's Muller: Increasingly likely ECB needs to raise rates.
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musashi retweetledi
@JavierBlas They are literally insider trading with the folks from the commodity desks, it's a well known secret.
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The (expiring) front-month Brent oil contract has traded today within a ~$13 range in absolutely no-news.
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musashi retweetledi
A new chapter for the Persian Gulf and the Strait of Hormuz is unfolding.
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@PantexCap It’s the front month contract expiry for now, need to see first couple of days of May.
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I personally don’t think oil will crack $90 again anytime soon. Maybe an overnight spike again, but that’s it. Now you’ve got oil up like 40-50% which is way more manageable than up 100%.
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New Hormuz crisis Brent crude prompt futures record close.
GIF
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