Whalechart

Oil stocks are undervalued

When governments tries to make things more affordable, it makes it more expensive.
The only way to make things cheaper is to let the free market do it.

Friedrich Merz, Germany’s chancellor, criticized the U.S. approach to the Iran conflict, saying Washington entered the war without a clear exit strategy, making a resolution harder to achieve.

Trillion Energy says that the current oil price surge is not temporary but reflects a structural crisis that could keep prices elevated for the long term.

The Israeli military says it has started carrying out strikes on Hezbollah infrastructure in Lebanon’s Beqaa Valley, as well as in other areas across southern Lebanon.

Peace negotiations between the U.S. and Iran have stalled, according to CNBC.

Citigroup now targets Brent crude at $120 per barrel
Citigroup has raised its oil price forecasts and is urging investors to add near-term crude exposure, pointing to the prolonged disruption to flows through the Strait of Hormuz and the slim prospects of an imminent diplomatic resolution between the United States and Iran.
The bank now targets Brent crude at $120 per barrel over the next zero to three months and has lifted its average quarterly price forecasts to $110, $95, and $80 per barrel for the second, third, and fourth quarters of 2026, respectively, up from prior estimates of $95, $80

The oil sector is about to take off.
In four days, the Strait of Hormuz will have been closed throughout March and April.
This week’s inventory data (due Wednesday) will likely show record drawdowns, providing the first clear, quantitative signal of how quickly stocks are being depleted under the current supply shock, and how long it may take to rebuild them to levels well above those seen before the war.
So far, the market appears to be underestimating both the speed of the drawdown and the scale and duration of the recovery. Replenishing these inventories will take considerably longer, esp

Oil stocks are about to hit new all time highs.

Yesterday’s shooting was a crazed lunatic trying to kill Washington officials. That’s it.
Stop with the random conspiracy theories.

Do you think Restore Britain could win big in next month’s election?

US–Iran talks are in their worst state since the war began.

Since the Trump family jumped into crypto, the altcoin market has been sucked dry of liquidity.
Funny how that works out, huh.

Iran is no longer interested in negotiating any deal that includes limits on its nuclear program, Tasnim News reports.

The economic pressure on Iran may soon drive the country into severe social and political turmoil.

The X algorithm is cooked

Iran: Strait of Hormuz Will Not Return to Previous State

Biggest oil bullrun ever is upon us