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$Crude Oil Futures(APR5) (CLmain.US)$ [Share Link: Opec+ to ...

I've been saying it for a while. Oil is done. Short the shit out of it - gonna be a glut of supply within 1 year. By 2026, shit is gonna be 50%+ cheaper.
$Crude Oil Futures(APR5) (CLmain.US)$ [Share Link: Opec+ to 'delay oil output hike for two months'] I've been saying it for a while. Oil is done. Short the shit...
$Crude Oil Futures(APR5) (CLmain.US)$ [Share Link: Opec+ to 'delay oil output hike for two months'] I've been saying it for a while. Oil is done. Short the shit...
The reason is simple: The US cannot stop private companies from producing and selling.
Other nations have state control over exports like Oil. The only thing the government of US can do is fill the strategic reserves. Once those are filled, that's it. Endless supply for dwindling demand.
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  • Element X : Yes, demand may be tempered as more vehicles transition to EVs, but that doesn’t mean it will remain static. With the rise in air travel and space exploration, new demand will emerge. Additionally, OPEC+ will adjust supply when it suits them, and any conflict or crisis could easily disrupt the current analysis. That said, I challenge you to short it and share your trades. If you do, I’ll gladly take the opposite position.

  • EZ_money : funny because all it takes is a serious war and we are looking at 100/barrel. sounds like the NATO Russia war is going out of control we're already in WW3 it won't matter about demand or production then

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