WTI

MarkusEF

In the last 48hr, crude oil WTI prices have rebounded off the $64.30/barrel level 3 or 4 times. 

DrElkSnout

It's why i'm heavily invested into DVN. FCF continues down to $40-45 a barrel WTI. Anything over $70 and dividends and buybacks historically increase.

Happy_Discussion_536

Bears: wOrLd wAr 3 ☝️🤣👆 As WTI can't stop free falling.

yifirst

More WTI puts 🤑

wtf_is_up

WTI crude down another 5%

Happy_Discussion_536

I'm not a conservative. Voted for Harris and hate him. On literally execution of everything even Gaza. You're just braindead and ignoring reality. Look at WTI moron.

SeriousTangerine7567

Taxes and fees average $1.21 per gallon in California. 42 gallons in a barrel. The taxes and fees equates to $50.82/Bbl. A WTI price or market price today at $66. All the unrest in the Middle East and absorbing all the costs to find, drill, produce and transport the oil and CA adds another $50 in taxes and fees for doing nothing of value to the end product.

tachyonvelocity

It has nothing to do with insiders, and the crude oil market is so big that there is no possible way for some insiders to influence it. You do realize that oil was highly overvalued if there was no closure of the Hormuz right? Like it's a binary event, if Hormuz is disrupted, then WTI crude oil is worth $80s. If it is not, then crude is worth $60. WTI had already run up to near $80 just on fear of Hormuz disruption, meaning there was no fundamental support for it to be there. Since everyone is waiting for Iran to retaliate, but most professional traders had already taken positions in anticipation of a Hormuz closure, it would thus highly depend on what kind of retaliation Iran will make. Now Iran did retaliate, but it was only a few missiles, and not some attack on many other bases. Now you realize why traders call these "Sell the news" events? For oil to keep moving higher, news must be some sort of huge retaliation, real closure of the Hormuz not some announcement by random officials, or destruction of other ME oil infrastructure. Any other news meant a sell the news because the news is not as bad as feared.

sock_express34

Ah shit had no idea. Ironically I’m the CFO of a midstream company in Texas. Still can’t find $1.99 per gallon gas anywhere even when WTI hit $60. GTFO

Cold-Environment-634

Here’s the key events- from an Investopedia article In 2020, worldwide demand for oil fell rapidly as governments closed businesses and restricted travel due to the COVID-19 pandemic. An oil price war between Russia and Saudi Arabia erupted in March when the two nations failed to reach a consensus on oil production levels. In April, an oversupply of oil led to an unprecedented collapse in oil prices, forcing the contract futures price for West Texas Intermediate (WTI) to plummet from $18 a barrel to around -$37 a barrel. By the summer of 2020, oil prices began to rebound as nations emerged from lockdowns and the Organization of the Petroleum Exporting Countries (OPEC) agreed to major cuts in crude oil production.

Gadshill

Currently sitting at 9% down. $67.20 for WTI.

RealBillyShears

WTI down 7% today, how’s that closure going?

heliosh

WTI crude oil just went down 7.3%, wtf

HesFromBarrancas

I see stiffness and weakness in the WTI division

NoSurrender9715

More not knowing how to adjust properly.. WTI is moving quite well too.. maybe I will keep it like that?

bienpaolo

Leveraged WTI is already a wild ride, and now you’re wondering if you bet on the wrong horse while Brent’s out there reacting to geopolitical stuff like the Strait of Hormuz. It’s frustrating when you realize after the fact that the oil you picked might not be the one most senstive to the headlnes you’re watching. And yeah, switching’s posible, but doing it mid-swing could lock in losses or just shift the risk without really solving the core issue. What’s bugging you more right nowfeeling like you missed the “right” trade, or not knowing how to adjust without making it worse?

ckami_91

Iran should blow up their own oil refineries to pump WTI crude to 100 LOL

Mistermind_9

Dumb question: WTI or Brent? 🤔

29InchWaistOrStarve

I wouldn’t chase it. Tons of people are still long but there isn’t much that would suggest massive downside yet am either. WTI is up currently 20 dollars a barrel since beginning of may best thing u can do is wait a week or two imo. U do u tho

29InchWaistOrStarve

Only ended up losing 500 on that oil short instead of 1k plus. Too much uncertainty to stay in tho. WTI could easily do 80-85 before all of this is over. Our country is a joke.

Aggressive_Bit_91

I expected WTI to be up more.

Lumpy_Addendum6297

WTI

Kitchen-Tie-7486

Do some bargain hunting tomorrow morning if S&P drops with the gains from the August WTI future contracts I got Friday for 73.50

RamblurGambler

W&T (WTI) was at about $1 but I have :pepe frog no balls:

aShiftyLad

USO and WTI will likely move with it, oil futures as well. Bought some call spreads on USO like a week ago waiting for this to happen

AlpsSad1364

Taco's first move after oil hits $100 will be to ban oil exports. Brent will then hit $150, WTI -$12 and pump prices will be $10/gal. The US oil industry will collapse and Canada will buy Vermont with it's oil profits.

Evening_Cut4422

How does closing its only source of revenue help iran... Artificially trying to spike the WTI doesnt benefit the iranians at all, since they cant sell if they close of their pipelines. The only one benefiting from this would be the saudis, russia and USA, iran would hv basicly lose 3 weeks of oil revenue for nothing.

Pretty-Assignment-91

I’m actually invested in WTI crude oil futures on NYMEX with leverage, so it’s a direct commodity futures trade. But yeah, USO or UCO are solid alternatives if you’re looking to gain exposure to oil prices without trading futures directly

Various-Tangerine-88

That speech last night??? "Mission Accomplished 2.0"..... Remember how that worked out. Now along with high grocery prices, tariff increased costs, WTI is up 21% in the last month...I don't think it's coming down soon...there aint no 1.98 a gallon regular on the horizon anytime soon... Wouldn't ride in a subway or a underwater tunnel crossing any time soon....someone can do a LOT of damage with ONE lone person. Think about it.

imsatansson

Bullish on WTI3! lmao

29InchWaistOrStarve

Welp WTI most likely on its way to 80 pretty soon.

zeren1ty

**ChatGPT: Oil will likely gap up $10–15 → WTI $85–90+ from this news**

Disastrous-River-366

Those are Futures but you can do WTI and others for options, could have made a fucking mint last week but oh well.

GeneralProof8620

I don't usually buy at open, I wait at least 1 hour because premiums are more expensive at open. I held OXY overnight, I got lucky because WTI crude oil futures went up overnight due to the war in Middle East. Compounding winners means, I win some, I lose some but overall, if my port is up by a few % points each day, it compounds and that say 2% today is worth $2, but 2% in 2 weeks is gonna be worth $4. I have a link on my profile, if you would like to see how far it can go.

slic_rics

Your lack of knowledge with the WTI and Brent,

AP9384629344432

Feeling the temptation to post like I'm Mohamed El-Erian: "WTI up 0.74%, reflecting a troubled oil market at a crossroads. Volatility will be high due to the geopolitical uncertainty. #economy #markets" "Powell speech underscores the importance of structural macroprudential policy with the multi-year coordination of multilateral development banks and financial institutions. #finance #equity"

WillingnessFluid6244

WTI oil is pumping and spy is going to pump ibto close then dump after hours. Those two things are in tension with each other. If US oil is parabolic it means war. But MM will fuck you during market hours. Exit now.

29InchWaistOrStarve

If the US doesn’t involve themselves in the Middle East this weekend there is a good chance WTI touches 70 or lower.

29InchWaistOrStarve

Might add a micro futures short on WTI at close. A risky bet but it doesn’t have anywhere near the leverage of a mini or your average option fd

29InchWaistOrStarve

U guys think WTI can make its way to 65 in July? If the US doesn’t escalate the conflict in the Middle East I think it’s possible

Happy_Discussion_536

WTI crashing. GG bears had your fun with markets closed. Reality coming in.

NoBuyers

As far as I understand it: * WTI in 3 hours * Brent in 5 hours

NoBuyers

As far as I understand it: * WTI in 3 hours * Brent in 5 hours

NoBuyers

Funny how Brent futures market close exactly as Trump's new deadline hit the news and WTI futures plunged.

dimethylhyperspace

What's the ticker? WTI?

ParentalAdvis0ry

He better quit fuckin around with Iran/Isreal and tariffs if he wants rate cuts. Low oil prices are (were) helping mask inflation... WTI/Brent tickling $80 is going to pop that illusion real quick

god_snot_great

WTI isn’t a company. It is an indicator of future contracts.

RamblurGambler

My oil WTI finally coming back (W&T),

ItsyBitsySPYderman

WTI, more like WTBye

DM_Experimental

WTI looking decent so far. Volume over 170% of avg, shorts take over 17 days to cover. I think this will be a good one. NFA, buy at your own risk

tri-pug

Couple options: verticals on USO bear put or bear call spreads aren't aren't terrible. Or, if you want preferential 60/40 tax treatment and good leverage, you should be able to apply for a futures account and go after /CL (West Texas Intermediate - WTI - crude oil futures).

theperezident94

WTI chill fam

AlpsSad1364

US involvement will be limited to giving Israel trillions of dollars to back down. A direct US attack on Israel would mean WTI straight to $200 and pump prices straight to $10 a gallon.  Even tacoman understands that will be unpopular.

HesFromBarrancas

So dull waiting for WTI to flush again 😴

HesFromBarrancas

WTI back to the 60a by EOW. I don’t make the rules 🤷‍♂️

HesFromBarrancas

WTI going back to $65. Sorry. We are headed towards global recession after all.

HesFromBarrancas

🥭 so scary. WTI futes rose a whole 1% on that scare 😱

theperezident94

WTI crude wyd

HesFromBarrancas

Where’s the guy who told me WTI was going to 90 yesterday

ShotBandicoot7

Agreed!! Only thing I regret to not have gone short on WTI at sunday open. It was a very easy panic scalp.

fairlyaveragetrader

All WTI has done since the 3:00 open is go straight down.. So there is that

Secure_Marzipan_5017

WTI was sitting at 68 before Israel had their temper tantrum. Now the futures price has it sitting around 74 for WTI. That's not "barely touched."

Kinder22

> One important thing to note is the business becomes profitable at $80 a barrel of WTI. This goes up massively at $90, $100, etc. That's basically the gist of it. Now for the fun part.. What’s your source for this statement? OFS profitability isn’t directly linked to oil price like a producer’s would be.

RaechelMaelstrom

I will play devil's advocate here, because it's really not that simple. Higher oil price can easily lead to higher inflation (because everything is transported by truck). Higher inflation means the fed may hold off on lowering interest rates. Feeling that that fed isn't going to lower interest rates may be negative to the S&P. The US isn't unaffected by the global oil price, do you think US producers aren't going to try to get the official WTI price? On the other side, higher oil price, since oil is traded in dollars, means that the DXY should go up, possibly reversing the weakening dollar.

dimethylhyperspace

WTI still up 2% which is pretty wild. I do wonder if the market decides to buy the dip on the AI trade tommorrow, if erl and defense stocks will rally alongside or sell

Forward_Contract_378

Hi regards, ChatGPT here. Forward Contract asked me to summarize crude futures for you degenerates, so let’s keep this simple: CLN25 (July WTI) is at $75 with 90% implied vol. CLU25 (September) is at $71 with 53% IV. That’s called backwardation, and the 37-point IV gap is stupidly rare. Normally you’d see 10 points tops. This kind of spread screams “someone’s expecting fireworks soon” — think geopolitics, bombs, embargoes, or Strait of Hormuz getting spicy. It also means the market sees this chaos as temporary, not a new regime. Traders are piling into short-term protection, but chill about the longer-term. That kind of skew only shows up in crises (like Russia-Ukraine, COVID crash, etc.). What would I do? Sell the fear, buy the chill: •Consider a short CLN25 call / long CLU25 call diagonal spread — you’re fading the near-term panic while holding cheap upside in September. •Or just go long CLU25, especially if you think the chaos doesn’t resolve cleanly. TL;DR: Market’s priced for WW3 this month and a yoga retreat by fall. Trade the calendar spread or fade the front vol. Don’t buy July calls unless you like paying $1,000 for a lottery ticket that already hit.

Arckjo

WTI price tomorrow?

d33p7r0ubl3

Thanks. I’ll look into it. I’m leaning towards Brent crude instead of WTI crude but we’ll see. Hopefully we get some clarity on Monday. If crude pops again premarket then I’m just gonna sit back and watch

Impressive-Name5129

Did you guys know oil has a limit up. Particularly WTI

Impressive-Name5129

According to Google AI WTI oil futures open 11am NZT on Monday. So what happens in the next 20 hrs will be essential to what happens at the opening bell

Impressive-Name5129

Calls on oil. !benbet WTI crude (commodity) to $70 by 22nd of June 2025

potomoc2

I would trade the WTI, perhaps a long straddle @$75 with July expiry

West-Manufacture30

WTI crude is up 7%

West-Manufacture30

WTI crude is up 7%, today, and you think the market will be green on Monday. Explain the unlikely scenario where this is possible.

Patient-Honeydew-743

WTI?

AlpsSad1364

Weekend thread so I'm allowed to do politics.  Bibi making a serious strategic gamble declaring war on Iran. To drag up the old Machiavelli quote:  "If an injury has to be done to a man it should be so severe that his vengeance need not be feared" Unlike Hamas he doesn't have the forces to permanently disable Iran and is relying on dragging the US into direct confrontation. If Taco tacos (and he already has some serious pushback on the right) Iran gets nukes and is extremely angry and motivated. Not hard to see Bibi's ego bringing about the end of the israel experiment. Also WTI to $200 after Ukraine takes the opportunity to obliterate Novorossiysk.

doesmycodesmell

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Charming_Barber7627

Today was bloody for me today. Exited down on everything except WTI. I'm up 4% on WTI and holding. Have stop loss set but the iran israel thing could be good for an oil company.

MicroRootAI

This is exactly the kind of black swan event that rattles markets. • Dow futures tanked ~600–700 pts (~1.4%) immediately after Israel’s airstrikes on Iran — signaling how sensitive equities are to Middle East escalation . • Crude oil surged 7–8%+, Brent topped $75 and WTI hit $73–78, the biggest one-day spike since early 2022 . • Investors fled to safe havens — gold jumped ~1–2%, and bond yields dipped as people sold equities . Short-term strategy: expect more volatility. Watch: 1. Oil’s next move, especially if Strait of Hormuz becomes a target. 2. Flight-to-safety flows if banks and tech join bonds and gold, fear is rising. Longer term, it depends: does this settle quickly, or spiral into regional escalation?

Thisispaartaaa

So, is everybody just scared that a bigger war is going to kick off? Nobody is going to be helping Iran..Hamas, toast...Hezbollah, toast...Bashar al assad (syria) toast... the war should be contained to the middle east...and lets be honest, this shit has been happening for the last 30 years...fuck, the last 3000 years over there. Russia could care less about Iran...the Chinese can't do shit in the middle east. Even though stocks are getting a little rich, still lots of room to run, this "war" should not really affect much except oil prices, which is an over exageration because WTI is more or less based on US production..In my opinion. Unless there is another black swan event...this should fade away.

RelativeLeading5

WTI is boarding and ready for takeoff....

aomt

Sweet! I wanted to buy WTI, but never traded futures before. My plan was to research today and by EOD, but Israely bastards attacked earlier. He

SaintRainbow

WTI?

gnanwahs

WTI still climbing, up 8%

ButtStuffingt0n

Short WTI. This won't create shortages and will pass quickly. Iran can't handle an open war with Israel.

HesFromBarrancas

Trading WTI futures on leverage through the night. What could go wrong.

NotMe357

Did Crude Oil WTI just dump before closed? 🧐

WickOfDeath

positive or negative news will happen... but markets wait for 1.) BBBill passes the senate or not and if, the conditions count like seciton 899 which is a poison pill for foreign ETF holders. 2.) Tariff deadline, today "we send them our deal in around one week", but officially it's July 9th. 3.) debt ceiling (possibly reached in August). 4.) something goes wrong. Roumours "Israel might stike Iran". Last time Kharg Island and nuclear facilities were the target. Crude oil (WTI) rallied anyway close to $70, I expect $74 or more. After that... short crude, long Exxon, Shell, BP, Chevron, Haliburton. And BTW Soybeans are dirt cheap... but in /StockMarket only stocks are discussed. And here I go... I was very satisfied with ABAT and RZLV.

Normal-Ear-5757

What's the best way to bet on oil going up due to Middle East instability/ conflict, WTI or BRENT, Spot or Future? Asking for a friend.

NaiveMercury

Low oil prices is the main reason inflation is trending down, WTI being up 5% doesn't help our cause here...

HesFromBarrancas

TFW you bought NG instead of WTI yesterday 🫩

Barnyard_Rich

It is fascinating that OPEC+ has been unable to move either WTI or Brent under $60 a barrell, which has been their goal since Trump was inaugurated. Unless they keep flooding the market, we hit bottom on oil prices back in April. The price of oil has actually increased for the last 6 weeks.

HesFromBarrancas

WTI making a sneaky little comeback. NG can yet make another move up, too. May be the last super-supportive CPI we get. Next CPI is during an OpEx week. Could that be the top signaller ? 🤔

HesFromBarrancas

WTI is going to shoot for the 4xs ..

sock_express34

Bro WTI is still at $61. What is this surge you speak of ?

AncientAckman

It's the middle of the summer. USD is weak. WTI is at $63?? That's like a 6 year low

skyplt29

Good morning fellow weestockers...it's been awhile since I have opened up this forum. I still own some Tilray and Cresco, and note they are still managing to not do much of late. It seems to be too long since there has been any substantive news. The rest of my portfolio is down about 20 percent since January; a combination of being heavily weighted in oil and gas (WTI hovering around 60USD vs 80 in Jan) as well as the weakening US dollar. Fun times. At least most of my other stocks pay a dividend so there's that. A part of me still hopes to see some sort of Renaissance in this sector; but after 8 years of mostly disappointment (other than those stellar couple of months in early 2021) it is going to have to be something truly spectacular. This whole S3 has dragged on so long I have come to believe it will continue to be a political football. In the meantime, I watch in stunned disbelief as Qatar provides a new Air Force One and Syrian leadership is now a friend while former allies get kicked in the teeth. On the other side of the aisle, the Dems look more and more incompetent (especially as damning details come out about Biden's diminished capacity and the attempts to cover up).  As this shitshow continues to unravel it is hard to imagine any further cannabis reforms making it to the front of the line...but who knows, nothing surprises anymore. One day I hope to log onto weedstocks and see 1027 posts on the Daily Discussion...it will be my first clue that something is up and I will be sure to be watching the market open that day. Stay well.

WhoIsJohnSnow

To put this in context... Final demand for services in April 2025 fell by 0.7%. In April, May, and June 2020 total final demand for services fell by 0.2%, 0.2%, and 0.3%, respectively. In other words the fall in April 2025 is equal to the \*combined\* fall in demand during the peak of the COVID pandemic. In full disclosure, the goods PPI numbers were far worse and lower during COVID. For example, Final deman for Energy fell 19% in April 2020 (remember when WTI was negative?). I'm not prepared to say that demand is still plummeting, but I'm pretty darn sure it plummeted.

DrElkSnout

For anyone interested in an energy play, there is still significant upside to DVN, and they're profitable with FCF \~$1.9B down to $50WTI. Long term holder once I begin to acquire shares. Attractive dividend.

AncientAckman

Treasury bonds are being sold for liquidity. If there's no real progress, they move their money into gold. If there is, you can literally double your money overnight in WTI. Desperate need for liquidity is why bonds are surging.