Crude Oil (OILCRUDE) News

Satan love the number at 66.66$!!!

66.66$!!!

76.66

76.66$!!!

SOOO CHEAP!!!

Sooo bearish!!!

76,66

#GOLDENCross $100 NOW READY TO PRINT AS US MARINES ENTER PERSIAN GULF & IRAQ & SYRIA PREPARE TO RENOVE US TROOPS FROM SYRIA & IRAQ.

US TROOPS NOW IN YEMEN
US TROOPS ON MOVE IN NIGER.

US MARINES ON COMMERCIAL SHIPS IN PERSIAN GULF?? YES !

What could go wrong??

WATCH; $UNRG 1 MOS CHART.

Israel & US PRACTICE BOMBING IRANIAN NUKE PLANT TODAY AND THIS WEEK .

$105
$125
$150
$220
$380 JPMORGAN

Oil go up back to 100$ soon!!!

China Retaliates. The Energy Report 02/07/2023
by PHIL FLYNN on FEBRUARY 7, 2023 - 9:31 AM

https://blog.pricegroup.com/2023/02/07/china-retaliates-the-energy-report-02-07-2023/
Perhaps the only thing that can mess things up at this point is the Fed. As long as fed chairman Jerome Powell doesn’t sound too hawkish, the reality is going to start to set in that oil prices have been focused on the short term and focused on the fact that China may not reopen its economy, are going to face the harsh reality those things are going to happen. Tonight’s inventories may show another crude oil build it may be the last that we see for some time.

Commodities bull including crude:

https://twitter.com/graddhybpc/status/1589568992636588034

Crude oil exploding higher today (+$4.38/bbl)

JPMorgan Sees Oil Rising Back Over $100 If These Five Conditions Are Met...

BY TYLER DURDEN - WEDNESDAY, OCT 05, 2022 - 11:40 AM

https://www.zerohedge.com/markets/jpmorgan-sees-oil-rising-back-over-100-if-these-five-conditions-are-met

US Strategic Petroleum Reserve Falls To 35-Year Low
BY TYLER DURDEN
TUESDAY, AUG 23, 2022 - 08:45 PM

https://www.zerohedge.com/energy/us-strategic-petroleum-reserve-falls-35-year-low

An interesting development in the oil industry:

Judge Permanently Blocks Biden Oil And Gas Leasing Pause In 13 States
BY TYLER DURDEN
SUNDAY, AUG 21, 2022 - 02:30 PM

https://www.zerohedge.com/political/judge-permanently-blocks-biden-oil-and-gas-leasing-pause-13-states

Oil Price Could Hit "Stratospheric" $380 If Russia Retaliates To G7 Oil Price Cap: JPMorgan

BY TYLER DURDEN - MONDAY, JUL 04, 2022 - 06:11 AM

https://www.zerohedge.com/markets/oil-price-could-hit-stratospheric-380-if-russia-retaliates-g7-oil-price-cap

Front month selling WTI at $119/bbl

Crude extends recent losses after hitting $115/bbl front month.

WTI Erases Gains Despite Big Crude, Gasoline Draws; SPR At 1987 Lows

BY TYLER DURDEN - WEDNESDAY, MAY 18, 2022 - 10:38 AM

https://www.zerohedge.com/energy/wti-holds-gains-after-big-crude-gasoline-draws-spr-1987-lows

US Gasoline Prices Hit New Record Amid Refinery Bottlenecks And Tight Supplies

BY TYLER DURDEN - MONDAY, MAY 16, 2022 - 11:01 AM

https://www.zerohedge.com/commodities/gas-prices-hit-new-record-amid-refinery-bottlenecks-and-tight-supplies

Diesel Shortage Coming! Interview with @Sage News Live - Premiered May 12, 2022

https://www.youtube.com/watch?v=qlpbLsybRNA

Crude approaching $112/bbl

Biden Begins Buying Back Oil To Refill Strategic Reserve... Will Send Gas Prices Back To Record Highs

BY TYLER DURDEN - THURSDAY, MAY 05, 2022 - 09:25 AM

https://www.zerohedge.com/political/biden-begins-buying-back-oil-refill-strategic-reserve-will-send-gas-prices-back-record

Mike Rowe Says Truckers "Aren't Buying Putin Price Hike" Spin As Diesel Hits New High

BY TYLER DURDEN - WEDNESDAY, MAY 04, 2022 - 05:11 AM

https://www.zerohedge.com/commodities/mike-rowe-says-truckers-arent-buying-putin-price-hike-diesel-hits-new-high

Why Every American Should Care That Diesel Prices Are Surging Across The Country

BY TYLER DURDEN - MONDAY, MAY 02, 2022 - 10:20 PM

https://www.zerohedge.com/markets/why-every-american-should-care-diesel-prices-are-surging-across-country

Oil From Biden's Emergency SPR Release Is Heading For Europe

BY TYLER DURDEN - MONDAY, APR 18, 2022 - 10:45 PM

https://www.zerohedge.com/commodities/oil-bidens-emergency-spr-release-heading-europe

Oil Spike Erases Biden-SPR Benefits - Now What?

BY TYLER DURDEN - MONDAY, APR 18, 2022 - 10:06 AM

https://www.zerohedge.com/energy/oil-spike-erases-biden-spr-benefits-now-what

Crude flies back above $100/bbl

Biden Infuriates Environmentalists, Oil Refiners By Allowing More Ethanol In Gas To Lower Prices

BY TYLER DURDEN - TUESDAY, APR 12, 2022 - 07:00 AM

https://www.zerohedge.com/energy/biden-infuriates-environmentalists-and-oil-refiners-allowing-more-ethanol-gas

The Commodity-Currency Revolution Begins...

BY TYLER DURDEN - SATURDAY, APR 09, 2022 - 09:20 AM

https://www.zerohedge.com/geopolitical/commodity-currency-revolution-begins

April 2020 But In Reverse: One Bank Warns We Are About To Witness A Historic Short Squeeze Eruption In Oil

BY TYLER DURDEN - MONDAY, MAR 21, 2022 - 07:20 PM

https://www.zerohedge.com/commodities/april-2020-reverse-one-bank-warns-we-are-about-witness-historic-short-squeeze-eruption

Overnight futures action was stunning opening up +$13/bbl

Goldman Warns Of Stagflationary Commodity Supply Shock On Ukraine, Raises Near-Term Brent Forecast To $115

BY TYLER DURDEN - SUNDAY, FEB 27, 2022 - 10:00 PM

https://www.zerohedge.com/markets/goldman-warns-stagflationary-commodity-supply-shock-ukraine-raises-near-term-brent-forecast

Biden Admin Freezes New Oil And Gas Drilling Leases Despite Recent Court-Ordered Injunction

BY TYLER DURDEN - THURSDAY, FEB 24, 2022 - 08:40 PM

https://www.zerohedge.com/markets/biden-admin-freezes-new-oil-and-gas-drilling-leases-despite-court-ruling-against-using

Overnight, WTIC went over $100/bbl.

US Frackers Revive Once-Dead Shale Projects As Oil Approaches $100

BY TYLER DURDEN - TUESDAY, FEB 22, 2022 - 02:07 PM

https://www.zerohedge.com/energy/us-frackers-revive-once-dead-shale-projects-oil-approaches-100

Oil Prices Will Be Above $100 For A "Prolonged Period"

BY TYLER DURDEN - MONDAY, FEB 21, 2022 - 04:25 PM

https://www.zerohedge.com/energy/oil-prices-will-be-above-100-prolonged-period
I can’t stress enough how tight near term fundamentals are, we are running out of molecules and don’t have enough storage to bridge the gap to potentially looser 2h22 balances.

Oil down today but the trend is up.

Remember that US refineries were going to shut down for winter change over soon anyway and thus we're not going to be purchasers for a few weeks. I suspect that this will now add at least a week to the delay. So late September time frame. All rips are to be sold before that 20MM Barrel reserve is available in Oct.
aioututor

Tremendous volatility last week... still above $80/bbl.

Crude just passed $85/bbl

JP Morgan says: Just Weeks Away From Cushing Effectively Running Out Of Crude oil - Oct 21, 2021

https://www.youtube.com/watch?v=sk8LVoGEwrI

$190 oil sounds crazy. But JPMorgan thinks it's possible, even after the pandemic
By Matt Egan, CNN Business
Updated 8:33 PM ET, Thu June 18, 2020

https://www.cnn.com/2020/06/18/investing/oil-price-spike-jpmorgan/index.html

These guys are willing to wait... crude has been on the move for them already... patience.

$82 was hit early yesterday... currently $80.81

$80.67 at 9:40pm eastern this evening.

+$80/bbl earlier and getting close again.

Remember that US refineries were going to shut down for winter change over soon anyway and thus we're not going to be purchasers for a few weeks. I suspect that this will now add at least a week to the delay. So late September time frame. All rips are to be sold before that 20MM Barrel reserve is available in Oct.

Deadly Typhoon Threatens Strategic Chinese Oil Hub
By Charles Kennedy - Jul 23, 2021, 10:00 AM CDT

Now we know why oil jumped big this week...

https://oilprice.com/Energy/Crude-Oil/Deadly-Typhoon-Threatens-Strategic-Chinese-Oil-Hub.html

U.S. Crude Oil Inventories Are Drawing Very Fast

By Tsvetana Paraskova - Jul 02, 2021, 10:00 AM CDT

https://oilprice.com/Energy/Crude-Oil/US-Crude-Oil-Inventories-Are-Drawing-Very-Fast.html

https://oilprice.com/oil-price-charts/45