Almost back to 7K ...

    Posted by mla127 on 14th of Apr 2026 at 11:05 am

    Almost back to 7K ... lol ... Imagine if Oil would be at 150 ... we probably be there already ... lol  ... the buying intensity on these dips  will never stop to amaze me ... that's how we roll now 

    "At this point, the oil

    Posted by kalkgrun on 14th of Apr 2026 at 11:12 am

    "At this point, the oil math is impossible to fathom. The scale of the supply disruption is the equivalent of the demand disruption we saw at the peak of COVID. To balance the global oil market, prices will need to reach a level that matches the level of activity reduction we saw in 2020.

    • At some point over the coming weeks, countries with insufficient storage capacity will have to impose the same degree of lockdowns. This is when the physical oil market will escape reality and enter into fantasy land.

    I suspect in the coming weeks, sellside analysts will have to start asking the question: how high do oil prices have to go to balance ~13 million b/d of supply disruption?

    It’s anyone’s guess now, but I can tell you this with confidence: it’s not $150/bbl, it will have to be a lot higher."

    matt expects new highs on

    Posted by quartermaster on 14th of Apr 2026 at 11:26 am

    matt expects new highs on the energy names. so this inline. we just have to be positioned and wait.

    my comment about Oil was

    Posted by mla127 on 14th of Apr 2026 at 11:24 am

    my comment about Oil was more ironic ... just to show that market participant (aka algos) don't care about Oil for now nor the long term ramification of it  ...  and even less so about what's going on in the middle east ...  it's always easier said than done ... but trade the charts and not the headlines ... algos rule the casino floor ... 

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