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#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
$380 JPMORGAN
China Retaliates. The Energy Report 02/07/2023
by PHIL FLYNN on FEBRUARY 7, 2023 - 9:31 AM
https://blog.pricegroup.com/2023/02/07/china-retaliates-the-energy-report-02-07-2023/
Perhaps the only thing that can mess things up at this point is the Fed. As long as fed chairman Jerome Powell doesn’t sound too hawkish, the reality is going to start to set in that oil prices have been focused on the short term and focused on the fact that China may not reopen its economy, are going to face the harsh reality those things are going to happen. Tonight’s inventories may show another crude oil build it may be the last that we see for some time.
Commodities bull including crude:
This #commodities bull market will be the greatest
— Graddhy - Commodities TA+Cycles (@graddhybpc) November 7, 2022
opportunity in your lifetime to get out of the rat race.
Here we have yet one more evidence of where to be
=> oil companies breaking out vs general equities
Always know the very big picture.$SPX $INDU $COMPQ $XLE $XOP $OIH pic.twitter.com/v5k1OxTxOM
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
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
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.
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
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.
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
A Historical Divide: A 160-Year View of the Gold-Oil Ratio
Published 7 months ago on November 5, 2020 - By Aran Ali
https://www.visualcapitalist.com/the-gold-oil-ratio-160-years/
This Time Is Different: Outside OPEC+, Oil Growth Stalls
By Javier Blas
May 30, 2021, 12:00 AM EDT
https://www.bloomberg.com/news/articles/2021-05-30/this-time-is-different-outside-opec-oil-growth-stalls
“This time is different” may be the most dangerous words in business: billions of dollars have been lost betting that history won’t repeat itself. And yet now, in the oil world, it looks like this time really will be.
For the first time in decades, oil companies aren’t rushing to increase production to chase rising oil prices as Brent crude approaches $70. Even in the Permian, the prolific shale basin at the center of the U.S. energy boom, drillers are resisting their traditional boom-and-bust cycle of spending.
Oil To $300?
BY TYLER DURDEN
FRIDAY, JUN 04, 2021 - 01:15 PM
By Doomsberg Substack
https://www.zerohedge.com/commodities/oil-300
“We see a shift from stigmatization toward criminalization of investing in higher oil production.” – Bob McNally, former White House official, “This Time Is Different” Bloomberg May 30, 2021
“From today, halt all investment in new fossil fuel supply projects and make no further final investment decisions for new unabated coal plants.” – IEA Roadmap to Net Zero by 2050
We are now ready to put the prices for natural gas in the chart above into shocking context. On an energy-contained-in-oil-equivalency basis, natural gas prices reached the following levels in February:
SoCal Citygate: $835 per barrel
Chicago Citygate: $752 per barrel
Houston Ship Channel: $2,320 per barrel
Waha: $1,196 per barrel
OGT: $6,919 per barrel
Henry Hub: $137 per barrel
Agua Dulce: $528 per barrel
Do I have your attention?