Member Info for Primetime51

Worth a read

https://www.morningstar.com/news/marketwatch/20241003332/israeli-strikes-on-irans-oil-island-could-send-crude-prices-soaring

Short position holders are in for some excitement right now

Israelis are this time behind Natanyahu to go after Iran the big Q is what will Israel bomb in Iran.

GLA

I did say the other day the US will not want Iran's oil blown up

Even though we all hope they do they need there oil . nukes ,airports & infrastructure blown up

But that's just me as this needs to end

Well a 5hit show by BP today was hoping for at least yesterdays 4,12 high or above

GLA

Will be Israel bombing Iran

Depends what they strike will see a load of carnage on the stock market so i'm stay out for now.

Even though i think EZJ @ todays price is good to enter but we are in a risk off stage imo

GLA

Markgo

Gone up a bit

Traded volumes in Brent Dec-24 $100/bbl calls hit almost 52m barrels, up significantly from the nearly 13m barrels traded the previous day for the same strike. OPEC+ also held its Joint Ministerial Monitoring Committee (JMMC) meeting yesterday. The group recommended no change to its output policy

BP bit slow out the tracks

Brent @ $75.30ish

There will be a big boom imo might take a year but all the building that Israel has demolished will need rebuilding that's when Glen will shine

GLA

Denby69

they seem to like going all out on weekends so

Would not want to be short on oil .

Markgo

Some are hedging against price spike, others covering position

I would imagine a lot of covering going on as no one know what Israel's next move on Iran will be oil, nuke, infrastructure ?

But imo it will come

Reeves's gloom hits business with firms experiencing biggest decline in confidence since the start of the Covid pandemic

Labour are Muppets 2TS will be gone in a year as he has nothing between his ears

MV your

Post at 15.00

Had me in stitches :-)

Denby69

i was talking about the old regime

i'm sure the young do not think like them as we saw when that girl was beaten to death for not having her head scarf on properly

Iran should be taken out

That's a bit harsh . There Old way of thinking leaders should but the young want to be free from them as well & be more like the West

GLA

Wookie

I'll go along with that thinking as well .

Bad times are upon us the West is being pulled in slowly

Not only China but with these wars there is going to be a lot of Glens materials needed

GLA

I would think imo that the US would not let Israel attack Iran's Oil Hub's as that would push up oil prices & US do not want high oil prices especially so close to the election

Https://www.youtube.com/watch?v=uabXmf2-_LY

Worth a listen

GLA

An escalation that curtails Iranian crude exports or more broadly curtails crude flows out of the Middle East remains the key threat, carrying the potential for an oil shock that could disrupt the global economy and trigger widespread market ructions. But Tuesday's modest moves aside, investors don't yet appear ready to hit the panic button, analysts said.

So we wait for Israel next move.

Will they attack Iran ?

Hope not to many innocent life being lost but it looks like either side don't care

Thank Carrington

Just found it myself & was going to post link.

Thanks for sharing