E-mini Crude Oil Futures (May 2027)E-mini Crude Oil Futures (May 2027)E-mini Crude Oil Futures (May 2027)

E-mini Crude Oil Futures (May 2027)

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E-mini 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. 📉
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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.
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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.