Brent Oil (LCOc3)

5 dollar move overnight which USA & Europe could not even trade...devastating losses for anybody who held shorts and longs didnt get profits locked...

Oil Forecasters Rush to Revise Outlooks as Israel-Iran Conflict Escalates. Analysts warn of oil prices spiking to $80 or more if Iran retaliates harshly or blocks the Strait of Hormuz following Israeli strikes on its military infrastructure. Iran has already responded with drone strikes, escalating fears of broader conflict and impacting oil market forecasts. While tensions are high, many analysts believe a full-scale war is unlikely, especially as the U.S. signals a preference for de-escalation and diplomacy. oil Crude oil analysts are in a rush to revise their forecasts in the wake of Israel’s attacks on Iran as geopolitics trumps fundamentals yet again. “Oil could spike toward $80 if Middle East tensions escalate and supply risks materialize, but rising OPEC+ output may cap gains and revive oversupply concerns into autumn,” Saxo Markets chief investment strategist Charu Chanana said, as quoted by Bloomberg. “A worst-case scenario — such as a closure of the Strait of Hormuz or a disruption to Iran’s 2.1 million barrels per day in exports — could have serious implications for global oil supply and inflation expectations,” Chanana added. Iran has vowed “a harsh response” to the Israeli attacks. Per the latest news updates from Reuters, citing Israeli military sources, Iran launched more than 100 drones at Israel, after Israel targeted uranium enrichment facilities, ballistic missile factories and senior army commanders. The Iranian Revolutionary Guards corps has reported that its headquarters was hit by an Israeli missile and its top commander Hossein Salami was killed. “Iran’s potential retaliation and blockage of the Straits of Hormuz can” threaten crude oil supplies, Rystad Energy’s head of commodity markets for oil, Mukesh Sahdev said. However, “given the stated US goal of negotiation, it is unlikely that the conflict will escalate into a full-blown war.” Stories Continues.

somehow I think we wont be seeing below 60 next week like someone on this board predicted...

sell and don't confuse with iran speculation. it is no where associated to opec decision better sell and hold there is no demand for this price. so sell off . by evening it comes down to yesterday s low

Israil hadnt been to hit to petrol refinary's facilities.

sell and hold for 69

Iran attacks to same ,Gen.Staff explained.

Netanahu ascaped by airplane.

Isarail had been attacks to Iran,Same against to  ısrail can come.

upside levels break now 82 can hit today or tommrrow

in how many days it will go down

return $65.. coming..

Shorties, are you guys okay ?

We will see oil at $83 - $86 in a few days !!

added new LPs half size.

closed LPs from 58 to 73

This big jump is due to the attack from Israel to Iran

no demand price rally

who miss pavella?

;)

Buy is pushing you.

Collaps will be huge,dont decieve.

can get 69?

115 ?

I wonder how Jari is doing with his 61-67 shorts that he was targeting below 60....probably all stoplossed long ago. Hopefully.