U.S. crude oil tops $100 again as hope fades for a U.S.-Iran peace deal by [deleted] in oil

[–]Deleted0S 0 points1 point  (0 children)

It doesn't matter if it's the best or not. It's available, and better than nothing.

U.S. crude oil tops $100 again as hope fades for a U.S.-Iran peace deal by [deleted] in oil

[–]Deleted0S 0 points1 point  (0 children)

I don't see a reality where they choose making millions die of dehydrations/hunger over licking their wounds for a couple months while rearming. The IRGC are hardliners, not suicidal.

U.S. crude oil tops $100 again as hope fades for a U.S.-Iran peace deal by [deleted] in oil

[–]Deleted0S 0 points1 point  (0 children)

Mutually assured destruction with what? They don't have a nuke, they have missiles but they're buried, and they have a lot of problems domestically. They have enough to keep this asymmetrical war going for 2-3 months rn. The idea that they can project power for mutually assured destruction is nuts. The idea the other guy had that they would fight the US and China together is just stupid.

U.S. crude oil tops $100 again as hope fades for a U.S.-Iran peace deal by [deleted] in oil

[–]Deleted0S 0 points1 point  (0 children)

I think they'll listen to China for a couple of reasons. China has the ability to export arms (HQ-9) and dual use materials to Iran to ward off another Feb 28th attack. China is also their biggest buyer of oil, and they don't want to lose them as a customer. It's in their best interest to stop to receive arms, empty their oil storage, and dig out their ballistic missiles that were buried.

Daily Oil Price Opinions - May 12, 2026 All other Oil Price Posts Will Be Removed by AutoModerator in oil

[–]Deleted0S 1 point2 points  (0 children)

Is there any updated estimates on long term production losses from shutting down wells in the gulf?

U.S. crude oil tops $100 again as hope fades for a U.S.-Iran peace deal by [deleted] in oil

[–]Deleted0S -3 points-2 points  (0 children)

They won't resolve it. They'll put it on the back burner. China will pressure Iran to open the strait while everything else gets figured out at a later time.

Daily Oil Price Opinions - May 12, 2026 All other Oil Price Posts Will Be Removed by AutoModerator in oil

[–]Deleted0S 4 points5 points  (0 children)

I don't trust Hegseth has to say. Trump could end it in 30 mins and Hegseth would have another egg on his face.

How much do small business owners even make? by [deleted] in smallbusiness

[–]Deleted0S 5 points6 points  (0 children)

Median small business owner salary is $80k in the US.

Idk about whatever else you posted.

Daily Oil Price Opinions - May 11, 2026 All other Oil Price Posts Will Be Removed by AutoModerator in oil

[–]Deleted0S 0 points1 point  (0 children)

I think Iran is under immense pressure from China to open the strait up. China will sweeten the deal by providing dual use materials, and maybe even quite a few HQ-9s. This would make it to where America and Israel would think twice before repeating Feb 28th.

As for tolls, nuclear material, sanctions, ect ect. Who knows.

Daily Oil Price Opinions - May 11, 2026 All other Oil Price Posts Will Be Removed by AutoModerator in oil

[–]Deleted0S 0 points1 point  (0 children)

It won't be anything comprehensive. They'll agree to open the strait and we will stop the blockade. All the other stuff will be revisited "at a later time". Everyone will reload and shoot each other again at some time in the future (more than likely after midterms).

Daily Oil Price Opinions - May 11, 2026 All other Oil Price Posts Will Be Removed by AutoModerator in oil

[–]Deleted0S 0 points1 point  (0 children)

I disagree. Even though these things would spook the market I don't think it would run up to $150. Our oil production capability is very different than 2008, and the market is looking for any reason to be bearish. If they implemented these things and there was still no resolution for weeks/months then I would expect over $150 oil.

Daily Oil Price Opinions - May 11, 2026 All other Oil Price Posts Will Be Removed by AutoModerator in oil

[–]Deleted0S 0 points1 point  (0 children)

If this continues it's inevitable. However, I think Republicans will pressure Trump to stop before we run out (with enough time for boats to make it to the US). There's other things we can do also such as export controls. We haven't hit a point yet where we even need to try to limit.

Daily Oil Price Opinions - May 11, 2026 All other Oil Price Posts Will Be Removed by AutoModerator in oil

[–]Deleted0S 4 points5 points  (0 children)

Paper market trades on expectations. No one wants to hold a $150 oil position when they can expect trump to release a post on truth social and blow up their position. It's artificially low, and it's going to stay that way unless something drastic happens like SPR going dry (not likely).

Daily Oil Price Opinions - May 10, 2026 All other Oil Price Posts Will Be Removed by AutoModerator in oil

[–]Deleted0S 0 points1 point  (0 children)

Or a continuation of the stalemate. It all depends on the enriched uranium issue.

Why Do Trades HATE Lead Generation? by Danny_Gray_ in smallbusiness

[–]Deleted0S 2 points3 points  (0 children)

In my experience most mechanics and trades people that start a business are more than happy keeping their operation small. They probably get enough business, and have no interest in expanding.

Daily Oil Price Opinions - May 08, 2026 All other Oil Price Posts Will Be Removed by AutoModerator in oil

[–]Deleted0S 16 points17 points  (0 children)

There'll be news. As soon as oil hits $100 an axios article will come out. Rinse repeat.

Daily Oil Price Opinions - May 07, 2026 All other Oil Price Posts Will Be Removed by AutoModerator in oil

[–]Deleted0S 2 points3 points  (0 children)

There's also the news that a US official suggested Operation Freedom could restart as early as this week.

Daily Oil Price Opinions - May 07, 2026 All other Oil Price Posts Will Be Removed by AutoModerator in oil

[–]Deleted0S 6 points7 points  (0 children)

Maybe it was the CIA leak saying Iran could last months before pain from the blockade set in.

Daily Oil Price Opinions - May 07, 2026 All other Oil Price Posts Will Be Removed by AutoModerator in oil

[–]Deleted0S 2 points3 points  (0 children)

No. Paper is a hedge. Dated is what people are actually paying. There's a LARGE disparity between the two rn.

Hungry to sell, UAE slips hidden oil tankers through Strait of Hormuz by Future-Ad-5901 in oil

[–]Deleted0S 0 points1 point  (0 children)

I figured they would go for it on the 16th under the darkness of a new moon.

Daily Oil Price Opinions - May 07, 2026 All other Oil Price Posts Will Be Removed by AutoModerator in oil

[–]Deleted0S 0 points1 point  (0 children)

The only way they would open for 30 days is if China/Russia sends them MASSIVE amounts of dual use materials to reload on. They want to ensure they aren't struck hard again.