Micro WTI Crude Oil Futures (May 2027)Micro WTI Crude Oil Futures (May 2027)Micro WTI Crude Oil Futures (May 2027)

Micro WTI Crude Oil Futures (May 2027)

No trades
See on Supercharts

Micro WTI Crude Oil Futures (May 2027) forum


CL1! OIL OILUSD

100% of Qatar's oil exports go through the Strait of Hormuz. Keep that in mind if you're thinking about going long on crude. 📉
Snapshot

CRUDEOIL1! operator trapping in the name of WAR, Anytime Trump tweet come, and they throw crude like a falling knife. Be Caution. Mine upside position is still hold till 73$.


CL1! Most recent comparable, Jan 3 2020, when the Iranian general was killed in an airstrike. $3 jump, but no conflict or actual supply chain restriction, so it was a fade from the initial pop.
Snapshot


CL1! The only way oil can really spike up short term is if Iran decides to close off the Strait of Hormuz. That's only a possibility if US-Iran negotiations go south and Iran really gets pissed off.

IMO, negotiations will be tough and it will put commodity markets like oil on edge for the time being.