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Rex Intl
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The next chapter
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piscesmonkey
Supreme |
15-Mar-2026 11:48
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Iran?s foreign minister Abbas Araghchi says Strait of Hormuz is only closed for ?tankers and ships of enemies and their allies.?. Weekend oil drop from +6% to 1%? | ||||
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wehuattogether88
Supreme |
14-Mar-2026 21:39
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The oil supply disrupted by the war is far larger than the stockpiles the IEA can release daily. As a consequence, the action will have limited impact on the trajectory of oil prices, analysts at Bernstein told clients in a Thursday note.
The U.S. will release 172 million barrels over a 120-day period. This implies 1.4 million barrels per day, which is just 15% of the supply lost due to the Hormuz closure. It takes 13 days for the barrels to hit the market from President Donald Trump?s authorization. The IEA did not detail when the other members would start releasing barrels or in what quantities. It said each of its 32 member countries will decide based on circumstances appropriate to them. The IEA last released emergency stockpiles in response to Russia?s invasion of Ukraine. Its members managed to reach a combined high of 1.3 million bpd in September 2022, according to consulting firm Rapidan Energy. The IEA could perhaps boost the release rate closer to 2 million bpd, according to Rapidan. ?It buys time, but it does not solve the crisis,? the Bernstein analysts said. It is possible that oil prices could rise to levels that start lowering demand before the stockpile release even fully kicks in, Liles said. Rystad forecasts that a two-month war will push Brent oil prices to $110 per barrel by April. A four-month war could spike Brent to $135 per barrel by June. |
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Barcalo
Master |
14-Mar-2026 20:41
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Thank you Bro. 🙏
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piscesmonkey
Supreme |
14-Mar-2026 19:30
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https://www.ig.com/en/indices/markets-indices/weekend-oil---us-crude
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Barcalo
Master |
14-Mar-2026 18:10
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Any link to see the price movement during weekend?
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piscesmonkey
Supreme |
14-Mar-2026 17:33
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Gane over trump all will hate u. Oil up 104 6.3%
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JurongW
Elite |
14-Mar-2026 17:19
Yells: "Earnings give weight, Chart give wings" |
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Barcalo
Master |
14-Mar-2026 17:15
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No need to pray if Trump don't create trouble for the world.
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JurongW
Elite |
14-Mar-2026 17:10
Yells: "Earnings give weight, Chart give wings" |
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PRAY FOR WORLD PEACE ! We are the world - led by Trump |
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piscesmonkey
Supreme |
14-Mar-2026 16:38
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Monday gap up and sell down? Few time already. | ||||
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piscesmonkey
Supreme |
14-Mar-2026 16:27
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Weekend wti 102
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piscesmonkey
Supreme |
14-Mar-2026 16:24
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Weekend up 4%
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ysh2006
Supreme |
14-Mar-2026 16:07
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Aiya Trump his mind only thinking Iran surrender or not...Just like WWII Japan surrendered or not don' t care what were the consequences lah (I think only)
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piscesmonkey
Supreme |
14-Mar-2026 15:59
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Any attack on Iran's Kharg Island is an attack on the souls of Iranians. Kharg Island is Iran's main oil export terminal, handling about 90-95% of the country's crude exports. It's a red line.
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JurongW
Elite |
14-Mar-2026 15:18
Yells: "Earnings give weight, Chart give wings" |
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Chansenghoe1971
Elite |
14-Mar-2026 15:03
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got to read this. this may trigger a 150 oil next week. https://www.businesstimes.com.sg/companies-markets/energy-commodities/why-strike-irans-kharg-island-would-shake-oil-markets |
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JurongW
Elite |
14-Mar-2026 14:42
Yells: "Earnings give weight, Chart give wings" |
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piscesmonkey
Supreme |
14-Mar-2026 14:37
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TACO is back
US President Donald Trump said on Saturday that Iran is &ldquo totally defeated&rdquo and seeking a deal with Washington, but added that any agreement proposed so far would be unacceptable to him.
&ldquo The Fake News Media hates to report how well the United States Military has done against Iran, which is totally defeated and wants a deal &mdash but not a deal that I would accept!&rdquo Trump wrote in a post on Truth Social on Saturday.
https://iranintl.com/en/202603144056
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JurongW
Elite |
14-Mar-2026 14:33
Yells: "Earnings give weight, Chart give wings" |
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Lswoowoo
Senior |
14-Mar-2026 14:00
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Oil trading (WTI and Brent) generally operates 23 hours a day, 5 days a week, from Sunday at 6:00 PM ET (23:00 GMT/UTC) to Friday at 5:00 PM ET (22:00 GMT/UTC). Daily breaks occur between 10:00 PM and 11:00 PM GMT, during which trading is halted.
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