Detailed view for this entity.
“very quickly you'll see oil start flowing with or without the help of Iran.”
“the oil has to be pumped into tankers. if they can take out the transmission lines, they can actually stop those pumps without uh significantly affecting the infrastructure and the ability to restart it sometime in the future.”
“There's plenty of oil around for the next 3 weeks, but the anticipation of what might happen four weeks out, provided that the closure holds, very different story.”
“He said oil is the new silver. Meaning the crazy volatile volatile moves in oil are similar to what we are seeing what we have seen in silver.”
“Oil just crashed from the same thing. Exactly $120 to $77 in 36 hours.”
“That is the lifeblood of the world economy that is the biggest impact on inflation it is up.”
“I think oil is going to be trading close to $100 regardless of the outcome of the war just from inflation adjusted bas.”
“Well, you're going to have oil energy pulling back. I think this is going to provide a buying opportunity.”
“So oil and the US dollar have a 95 correlation. That's almost as high a rooster could tell you what that is on a one-year or three-year z-score.”
“If Iran makes good on its threats to close or disrupt the strait, oil prices could spike, which would have severe inflationary effects on the global economy. Higher energy costs could slam manufacturing in China, India, South Korea, and Japan.”
“There's an estimate out today that if this straight is closed through April, oil will reach $140 a barrel.”
“The war in the Middle East is showing just how powerful a weapon oil continues to be, one that is capable of rattling the entire global economy.”