$150 oil feels inevitable..?16 Mar 2026 10:09
Not sure how long oil will take to peak... Every day now it's getting stretched further. Onyx capital this morning looking at $150 oil.. (ceo on cnbc). Which could get BP to 600p if it stays there long enough..
As I thought, the US controlling the hormuz lanes safely is key here now .... seems the only option to get oil down.
Been reducing bp. Bit left to move out onto others.
Tbh just hard to call now. I'm no expett.