Is the OIL BULL market OVER?

Thanks a lot !

I think we are getting the war premium taken out in real time, which is bullish for holders. Peace is already priced in. Once price stabilizes the Chinese will come back in buying for consumption and to refill their stores. Everybody and their mama is going to be refilling their SPRs for like the next year and supply is shot. The short squeeze will be chef's kiss!

This war with Iran was the biggest shams in history. There will be no sweet deal for the US. It’s completely FUBAR. Trump knows he can’t go full force with attacking Iran. That would tank stocks and create an unsustainable oil price rise. He’s a complete idiot in my opinion, and I voted for this.

no one wants to go against the treasury's short position. it's not just their bankroll but more importantly the fact that they can see exactly who is holding those positions and just call them up or........

Lies 😂lies 🤔lies🤨lies 🙄🤣🤣🤣🤣

There was a gap fill on the oil price chart from april that got filled friday

“You” don’t trade fundamentals you trade charts

40 deal announcement to keep the market in check.. but I haven't seen the real deal 😂 *If a deal is made I still think the Iran story will continue in one way or another

Thanks. I still think an Iran deal is finally close, and economic demand destruction will keep oil prices near their current levels of around $80–$90

From oil company perspectives I think they’re looking more on a three or five year time frame due to the cost of getting new rigs on line. It’s worthwhile to make short term investments to get underperforming rigs operating at maximum, but maybe not to drill new wells. Although demand will remain higher than supply, if the straight does open the gulf nations will want to pump as much oil as they can.

They’ll be motivated once things are “normalized” to flood the market to regain market share. So on a three to five year time frame oil may go up and then plummet.

If there’s an MOA Iran will want to prioritize their ships through their designated lane immediately and start relieving their storage blockage. They will also likely sell their oil more cheaply on the market and use STS transfers from their floating storage to get rid of it as quickly as possible. Meanwhile traffic in the Omani lane will be slow to pick up. The SPR’s will continue to slowly draw down. At the end of 60 days Iran will have cleared their storage problem and be ready to shut down the straight for perhaps six months while the world SPR’s will still be in a precarious position. They’ll have all the cards (unless the game is UNO 😂😂😂 in which case trump has all the cards).

Oil prices may drop short-term but this prospective MOA is no silver bullet.

4:30 oil is now being transported in different ways, it isn't at 20million of barrels a day, but at 10million barrels a day and Saudi Arabia building another pipeline to escape the Strait of Hormuz in the future.

Markets are pricing an open Hormuz, if the deal is finalized would VAR normalize and the price returns to fundamentals

What keyboard is that?

Thank you Brother, hope your wife is doing well.

Thank you for keeping us sane in this world full of gaslightings! Appreciated your analysis.

What happened to the energy crisis?

Biden as a vegetable is better than Trump. Did you happen to see Harris debate Trump? She wiped the floor with his ass

There's a lot demand destruction talk. Is that a justification, or is there truth to it? It's not as if the prices are low, are we merely find equilibrium at reduced supply? I'm in the oil trade myself but wodnering if I should be.

molecules can't be printed

Thanks 😊

Oil should be in a perpetual bear market yo! Increase supply and the price goes down. There should NEVER be a "bull market" in energy yo!

I waver between I’m not touching oil with a ten foot pole and this is BS, I’m putting 25% of my account into it.😮‍💨

price is the ultimate tool of misdirection…

Hi Fofty can you do a look at the Clarity and Genius act how it will affect bitcoin, gold etc.

Tbf even a declined Biden is way more competent than Trump.

Part of me thinks this whole geopolitical situation is one big ritual to take down the world. At the top of it all is the USA, and their target date is Independence Day.

Awesome Vid 👍. This reminds me chronic pain (fibromyalgia). Right now there’s an oil shortage but the price isn’t reflecting what we see. With fibromyalgia, people know they’re in horrible pain, they feel it, it’s real. But then they’re told by some professionals that everything looks fine so it’s not real. Best thing is to stick with reality- what you see, feel, smell etc is your truth. If you’re not in a state of psychosis, believe in yourself 😂, you’re not crazy 😊❤. Shout out to Mrs Sang 🤗

늘 잘 보고 있습니다:)

Don’t ravage my stash bro.

it is 100% in bear market. price action = reality. who are we to tell the market what it should do. as long as trump in drivers seat, if ya trade the news, ya lose.

Please create a line chart showing gold silver and the S&p 500. Please notice the significant correlation since about last October.

I'm far from idea that US doesn't know what is doing, and they are just a bunch of idiots. I think the energy pain with the oil is the whole point of this war. Think about this - US is creating stress in current oil supply chains, making oil from middle East more expensive and risky to rely on. At the same time US can increase oil production if they choose to, making the rest of the world be more dependent on US not only from financial infrastructure side, but energy side also. Effectively you are controlling everything after that. I think the only thing which is uncertain is how this controlled demolition happens. I don't think US is trying to create a sharp crisis event. Will it go according to plan? May be not fully, but I think this is the path we are on right now. That's why market is reacting the way it is reacting.

The oil trade is starting to sound exactly like the silver trade. 1. Increased demand 2. Supply is not there 3. They’re lying about there being enough supply 4. Eventually they won’t be able to keep up the lie cause supply will be gone 5. Prices will then soar
How’s everyone’s silver trade going?

18:33 thank you for saying the obvious. How many career oil analysts have I watched who can’t seem to bring themselves to simply day the market is being manipulated.

Thank you for the vids and info. Your mid-week video was very impactful to me personally as I'm going through some health problems right now myself and some of the things doctors are telling me have been very disheartening. So I thank you and your wife for sharing. It helps to keep me from getting bogged down.

Israel won't let the war end. Trump is happy that US oil and gas are selling well. He doesn't care how long Hormuz is disrupted. He doesn't need the Gulf states' oil. So, oil won't be cheap for a very long time. Until a fragile country experiences a crisis, and then the crisis spreads.

16:50 this chart tells me everything I need to know about what’s about to happen. Can it be more obvious.

There also was damage done to 19 to 23 refineries in the middle east, the peace deal narrative is looking at an incomplete picture.

Idk fofty, feels a bit late for this video, I cut all my oil investments when it all dropped that one day back around April I believe. Once that ceasefire was announced it’s mostly just been downside chop fueled by temporary geopolitical conflict. What we should really be talking about is how we all should’ve been putting our life savings into sandisk this entire year 😭

If you can stop listening to the noise and commit to keeping your oil investments, I think there’s an incredibly huge upside potential for making money in the short term.

People selling oil to buy SpaceX. Musk is probably short oil.

Gold and Silver stackers= Paper manipulation? Is this your first time? China and U.S best friends in manipulating commodities btw

People are so easily gaslit. It's disturbing. Just look at the math and ignore the noise. The coming parabolic move in oil will be legendary.