「BTC OG Insider Whale」 Agent: The Illusion of Controlled Oil Prices, Dubai and Oman's Actual Transaction Price Approaching $155
BlockBeats News, March 18th, "BTC OG Insider Whale" agent Garrett Jin posted, stating that the oil price most people are focused on is wrong. Brent crude is priced at $106, WTI crude is priced at $95, making it seem like the oil price is under control, but this is just a misconception of the Atlantic Basin. The real pressure is from Dubai and Oman, where the actual trading price is close to $155. Funds from Hormuz are flowing to Asia, not the West. The dislocation is structural, not temporary.
On March 15th, Garrett Jin stated that the oil price had surged by 45%, recommending longing crude oil and reducing stock exposure.
According to Bitget market data, after Iran designated the oil facilities of the Gulf Three as legitimate targets, both US and Brent oils rose, with Brent crude rising over 5% intraday, currently at $105.7 per barrel; WTI crude is currently at $98.7 per barrel, with a 24-hour increase of 3.06%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
After Amazon and OpenAI, Synopsys (SNPS.US) also "looks to the East": plans to explore cooperation with Chinese AI laboratories on chip design technology
Global chip design software development leader Synopsys (SNPS.US) plans to explore cooperation with Chinese AI laboratories to improve the chip design process.
KBW's Michaud Explains What to Expect from a Pressured Q3 Bank Earnings Season
BUZZ - Morningstar expects Woodside's revenue growth will outpace global peers by the end of this decade
On October 9, Morningstar predicted that the revenue of Australian oil and gas producer Woodside Energy (WDS.AX) will grow by over 30% by 2030, outpacing any of its international peers. Woodside Energy’s share price dropped by 0.6% on the day to 32.12 AUD, after surging 2.6% in the previous trading session. The stock is poised to end a three-week losing streak, with oil prices rising due to escalating tensions in the Middle East, and is set for a 2.8% weekly gain O/R. Morningstar expects Woodside’s revenue to increase as major new projects come online, and forecasts free cash flow to exceed 7 billion USD after 2030, reflecting a 300% rise from 2025. The report added that market sentiment remains bearish, with the current share price below its estimated fair value of 44.00 AUD. Year-to-date, Woodside’s share price has risen 36.2%, while Santos shares are up 41.3%. (For the convenience of non-English speakers, Reuters has automated the translation of its reports into several languages. Since automated translations may be inaccurate or lack required context, Reuters does not guarantee the accuracy of automated translation texts and provides them solely for the convenience of readers. Reuters accepts no liability for any loss or damage arising from your use of automated translation functions.)
Star analyst Ives: Bullish on Apple (AAPL.US) up to $400, AI strategy may increase valuation by $75 per share
Ives has given Apple stock an "outperform" rating, with a target price of $400.
Crypto prices
More
