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Took a few more

18-Jun-25 08:52:43 532.80 10 Buy* 531.60 532.20 53.28 O

18-Jun-25 08:47:22 532.60 2 Buy* 532.20 532.80 10.65 O

gla

Morning

Well there is a lot of bets for Oil to hit $80

Were getting close

GLA

Every Dog needs a bone

Stille, Thumper ,Andy morning to you

They were sentenced to eight months in prison.

that will put the fear of god in the rest of the smugglers

@ Spights

They are trying to keep the lid on oil prices

Would not surprise me if API & EIA report a build in reserves this week

which i will not believe

@ spights

Yep

that's what i read yesterday but thought as fake news turns out not to be .

Would have thought oil would have spiked a lot higher today on any disruption near Strait of Hormuz

Oil refinery and other refineries have been shut down, especially in Haifa, due to the damage sustained from earlier Iranian missile strikes. The power plant in Haifa as well.

I did read yesterday that radars / navigation systems were been jammed /interference but thought nothing of it then today tankers collide

Would think traffic through that stretch will be down to a trickle

News on cnn youtube

you can see the ships on fire

My @rse

Https://edition.cnn.com/world/live-news/israel-iran-attack-strikes-news-06-16-25-intl-hnk

Brent crude oil futures dropped by over 4% to $71.1 per barrel on Monday, reversing some of Friday’s 7% surge, as fears of a broader Israel-Iran war eased. A report indicated Iran is signaling interest in ending hostilities and restarting nuclear talks, provided the US stays out of the conflict. Tehran reportedly sent messages via Arab intermediaries to both Washington and Tel Aviv. This softer tone helped ease market concerns, leading investors to unwind some risk-off positions.

Israel not listening

Iran blockading the Strait of Hormuz or other countries piling in may of course change that.

IMO last resort by Iran as you say will drag other countries in to the mix

Do no think Israel are finished pounding Iran yet will the carry on going after Iran's OiL & Gas ?

Will Iran do the same ?

450 should be intraday today

good luck with that

be good if Bp can get to £4 today

That is the problem always innocent people caught up in this mess.

Same as all the Fecking wars going on at the moment

Sadly the crap is hitting the fan

Yes & if the Straight of Hormuz does get closed $100 oil is doable

Israel seem to want to finish what they started this time round not good

The next danger will be the closure of the straight of Hormuz where 20% of the world oil shipping transits.

imo that is possible if Israel keep bombing Iran's Gas/oil

This is no going to be good for the rest of the world

Peace is needed and soon

gla

IMO

I think if poo carries on upwards travel stocks will head down like they did Friday all airline stocks took a downward move.

i will be in on travel & BP on any move down

GLA

Https://www.msn.com/en-gb/money/other/traders-pile-into-80-us-oil-bets-as-tensions-rise-in-middle-east/ar-AA1GGr7Z?ocid=winp1taskbar&cvid=684db8d5ec0e4a7fa3b94afced022256&ei=63

Traders pile into $80 US oil bets as tensions rise in Middle East

Rishiwasteman

green bin