WTI

kananishino

Well looks like Iran said there is some form of talks going on hence WTI and brent falling off a cliff

tachyonvelocity

Also, reminder that when there is any signal that a ceasefire or deal happens, oil prices/stock markets move back to pre-war levels. So, WTI is literally trading like half of Hormuz is free, and stock futures are up quite a bit. This is rational, as the market prices every percentage likelihood it will happen and won't wait for the announcement.

tachyonvelocity

"Iranian representatives have let the Trump administration know it does not want to [re-enter negotiations](https://www.cnn.com/2026/03/23/politics/trump-shift-iran-talks) with special envoy Steve Witkoff and President Donald Trump’s son-in-law Jared Kushner and would prefer to engage with Vice President JD Vance, two regional sources said." Reading between the lines, a negotiation is definitely happening, including a likely ceasefire and markets now realize this. WTI is literally trading like half of Hormuz is free to move. Stock futures have stayed up, IE markets know more than you think.

BFLO-Retail

To me the current price of $89 WTI $100 Brent seems like all the possible good news is baked in. The market is pricing oil like the war is already over and the Straits are already open

Technicaltrades404

Scott’s been sweating lately. He needs constant fake headlines to cover his WTI short.

vizio1989

Murica and our shitty third world neighbors will be well supplied by WTI oil. Europe did not attack EYEran, so Europe will see their Brent oil coming back online. Rest of world like China/India are already getting oil. This situation is overblown, as long as no more missiles into factories/ tankers, puts on oil and calls on SPY/QQQ/DOW. 

Veritatis-Cupitor

Yes, at least $120-$125 for WTI.

Cav829

Okay so the way we fix this is if you own USO and can't tell me the difference between WTI and Brent, you have to liquidate your position. I'll get us back to $70/barrel in a hurry.

StraitOfHummus

Look up the difference between WTI and Brent.

Sweaty_Platypus69

I see Bessent still funneling a couple of trillions dollars of USO short to suppress WTI below $100..

teamyg

Covered my USO short at 115, WTI just blew pass $92 without any difficulty; damn.

Ok-Adeptness6444

Bipolar WTI & SPX 😡

Sanpaku

What ceasefire? Iran engaged in good faith negotiations with the US twice in the past year, most recently offering enormous concessions. In both cases the US committed acts of war against Iran. The two sides aren't even speaking directly. Hostilities never ceased. The buffoon's bleat was quite possibly an attempt at shaking out WTI futures longs and initiating a short squeeze in general markets. By the end of the week, Monday will be erased, and maybe market actors will pay less attention to a pervasively mendacious narcissist.

the_sound_of_a_cork

WTISPLC which is WTI spot. USO is futures so it doesn't make sense to predict a future price of a futures ETF.

the_sound_of_a_cork

Alright, but not USO, it should be CLW00/WTI to approximate spot price at the date

sock_express34

Yeah look at the large amounts invested in WTI futures shortly before his post. F this 🍊

Icommandyou

I wonder how longer WTI can be suppressed artificially

Clone95

Why such a sell on WTI today?

pizza_gang

I think the delta between Brent & WTI is a result of supply dynamics. I agree with your statement, but disagree that means the WTI & Brent can't have a spread.

Cueg

Futures markets can be more easily manipulated, as we are observing with WTI. Producers can sell at spot though and ignore the fake paper pricing entirely when fundamentals break.

ub3rm3nsch

By the way, I am calling this new phenomenon the "Trump $100-WTI put". I would guess that we see this scenario play out over and over again each and every time WTI exceeds $100.

ub3rm3nsch

The "Trump $100-WTI put".

flushy78

You missed the volume surge on the E-MINI and Crude WTI futures at 6:50AM, 15 minutes before his tweet. Someone knew.

Icommandyou

One of the funniest trade is WTI which keeps oscillating between red and green which real car juice prices keeps climbing up no matter what

calm_discussion_3500

Angry and seething bears mass downvoting while WTI is $88. It's crazy to see.

account_not_active

What’s gayer, WTI or Brent?

REEMFMetalHead

Agreed. But the different mentalities are what separates traders vs. investors. As a trader, I came into this looking to swing it for about a week. That leaves me to latch onto anything happening live, that I can. One thing's for sure: WTI Crude isn't it, lol.

jrex035

>markets don't move like this without actual positive developments. WTI moved more than this literally 2 weeks ago. The overnight market moves brought it to $120 a barrel on March 9 and it ended the day at less than $95 after falling as low as $80 during the day. And what caused such a wild price movement? Just Trump saying the war would be over "soon"

ub3rm3nsch

No, because he will make new tweets at $100 every time, hence the Trump $100 WTI put

tachyonvelocity

WTI and Brent now down -11%. I'm inclined to believe the peace deal is happening, markets don't move like this without actual positive developments. Iranian official to Al Jazeera: "The US has so far rejected our two main conditions - payment of compensation and recognition of aggression against us. The issue of closing the Strait of Hormuz is still on the agenda." The "reparations" demand is a sticking point but the US can accept it for example by relieving sanctions, or unfreeze frozen assets, which is de facto financial compensation just not in name.

OftenOlives

We have gone from -3.5% to -2.5% over 5 trading days due to blatant market manipulation, but bulls seem to think we're on course for new ATHs in a few months if not sooner. Simply cope. 🥭 is spending institutional trust capital every time the market is blatantly manipulated without the fundamentals changing. Eventually MMs will see through it and lead the algos into a lot more bleeding -2% days. Treasury does not have unlimited money to keep WTI below $100. This shit is so stupid. Puts.

ub3rm3nsch

I am saying every time WTI oil hits $100, Trump seems to tweet about negotiations with Iran that the Iranians subsequently deny. Hence the Trump $100 WTI put option.

Icommandyou

They can try to keep WTI or Brent below 100 but car juice prices at the gas station doesn’t care for that

happyguy215

Okay so your saying 100$ puts on oil? Otherwise never heard of WTI. And funny thing is that ticket symbol is related to oil.

ub3rm3nsch

WTI is oil guy.

ub3rm3nsch

The Trump $100 WTI put option.

ub3rm3nsch

The Trump $100 WTI put option.

ub3rm3nsch

The Trump $100 WTI put option.

ub3rm3nsch

The Trump $100 WTI put option.

ub3rm3nsch

The Trump $100 WTI put option.

Budget-Push7084

If in 60+ days (a few months) the strait still remains closed, yes. WTI will be above $150 a barrel. By your 13mmbbl/day loss of supply that’s closing in on a billion barrels of missing supply. It to mention the additional shut ins that would have to occur.

volckerwasright

I have milk jug of 93 octane I filled when WTI traded -$37, should I sell or hold

ub3rm3nsch

The Trump $100 WTI put.

Soger91

That'd mean something if WTI and Brent told a contradicting story. Given they're down +10% today, I'd day the old market also doesn't care what Iran has said.

Current_Animator7546

Wow WTI $86 lol. Oil bulls in shambles. 

SlartibartfastMcGee

I knew the oil top was in when people kept asking who was shorting WTI @ $100. It’s oil companies. They are just selling their product. They are so wildly profitable at $100 that they all have massive sell walls to lock in quarterly bonuses.

torokunai

WTI has gone from $60 to $90. $200 is when Iran's really tightened the screws on the global(ist) economy and nothing's changed on that front. Just two SM posts, er "Truths", from a crazy old dude

calm_discussion_3500

$96 Brent not just WTI collapsing and they're still in hard denial.

calm_discussion_3500

Trump just said regime change already achieved because "all their leaders are dead". Officials report 2 days of serious talks for peace. We're getting closer and closer to Iran total victory and US surrender. WTI $89 while doomers cherry pick "experts" harassing and insulting level headed investors. Memeing nonstop. Now is the time to take profits on bear positions and be invested.

calm_discussion_3500

WTI is $89. You're going to keep memeing and insulting, harassing level headed investors even at $70s oil and still cherry picking "experts" and parroting doomers while entire world already realizes market is forward looking as peak disruption is clearly going away.

BioRam

LMAO the WTI plunge at 7 this morning the most manipulated shit ever

Nice-Difference8641

The thing is even if the war ended in 5 days the volume of oil going through the strait isn’t going to recover for a while, what the fuck is happening to make WTI traders make futures prices 90 while spot prices in Dubai are like 160

Playboi_Jones_Sr

Anyone betting in this market based on worst case outcomes are the ones leaking brain matter. Many don’t understand how unlikely it is for WTI to make it to 150 a barrel let alone 175+. It would take and extremely unlikely black swan type event to make that happen.

sadferret123

Did you see what happened to oil futures? WTI dropped like a stone from $98 to $86 in an instant. You can make a fortune on a move like that.

calm_discussion_3500

WTI is already $89. You're going to be in denial even when it's down to $70s again.

MichaelJamesBurry

What is the USO price for 100 WTI so I know when to sell

Current_Animator7546

Bessent working hard with his 5 am coffee again. WTI always dumps at 5 am ET.

Current_Animator7546

WTI is so manipulated lol.

Horcsogg

Can the government hold down the WTI crude oil price forever?

Careful_Response4694

Beware of a possible false pump on Tuesday if settlement of nearest WTI physical crude in cushing results in low oil prices. (This is possible because the tanker shortage may not have reached all the way to inland America yet, but the strategic oil reserves are much closer at hand, so speculators in nearest futures might be forced into a firesale making things look like contango).

bossasupernova

Bessent better sell faster if he wants WTI under 100.

whitepug

Scotty B coked up shorting the WTI 100 resistance threshold like the spartans holding off the Persians in 300

bhaaaaaaa

Depends on how quick they're dumping the reserves. We only had like 400m barrels reserved. 170m of them were, as you know, authorized to be sold. We cannot have less than 150m in the reserve or we risk structural failure. so on top of that 170m barrels we only have about 80m more to spare. 50M barrels have already been slated to let go so far this year. Its hard to tell how fast they will need to sell the stock. Biden released 180m barrels at the rate of 1 million barrels per day. It's certainty not the same because demand and circumstance is different, but it could give a good indicator. If Brent wants to run to 150 there's really nothing they can do, short of export restrictions, about keeping WTI under 100. TLDR: 4-7 months at previous release rates

jraiv420

WTI crude over 100 🥳

NoMarketing8778

How much longer can they artificially keep WTI oil below 100?

Xanl20

I watched a video by a commodity expert who described it as a massive shockwave rippling outward from the Middle East. Dubai crude is selling at sky high prices, followed by Brent, followed by WTI. If the crisis continues you will see the price ripple across different categories of crude as the crisis spreads and arbitrage is done between regions (assuming no export controls).

Icommandyou

WTI will not hit 100 no matter what

Unlucky-Pound8363

🔥THE ULTIMATUM REGARDED TRADE 🔥 What are the chances that this 48hr ultimatum happens? because if it does…. Which is the way I’m leaning as both sides are not backing down… -then that means it’s another 10/20$ on Brent and potentially WTI in the short term , -equally because Brent is more sensitive to news then WTI you would see the WTI/BRENT spread being longed another garenteed play -Stock ticker FU on the Chinese Shanghai stock exchange has been flying as its fuel oil and is even more sensitive to shipping and oil then WTI or BRENT and would also fly if your regarded enough you could do a day trade of all three of these and probably make some decent gnosh…… That being said… this is not financial advice and don’t do this. It’s totally regarded.🙏 But I would like to you know your thoughts on this ultimatum actually becoming a reality ? I personally think it will happen but I don’t feel I have enough regarded conviction to make a play on it 😂

ChadThunderDownUnder

Oil is basically flat since markets opened this evening. WTI is in the high 90s. The fuck you talking about?

LarryStink

The “S” in Scott Bessent stands for “Selling WTI futures at open to manipulate the price below $300/bbl”

RaZE___SoViEt

Premarket Watchlist: **$FFAI** **$IBO** **$RPGL** **$DVLT** **$SRXH** ___ Iran plays: $EONR $TPET $WTI $GRO

calm_discussion_3500

!RemindMe 1 week Wow look at that Brent is firmly at $106, well below the peak of $119+ this week. WTI still just hopping around $90s. And end of this week and March we're going to be around the same lol. But you will somehow doom more and claim things are worse. You just live in a bear echo chamber. There are a lot of professional oil traders who think the price of oil is accurate. Those who actually do this for a living and study oil their entire life.

calm_discussion_3500

Wow look at that Brent is firmly at $106, well below the peak of $119+ this week. WTI still just hopping around $90s. And end of this week and March we're going to be around the same lol. But you will somehow doom more and claim things are worse. You just live in a bear echo chamber. There are a lot of professional oil traders who think the price of oil is accurate. Those who actually do this for a living and study oil their entire life.

calm_discussion_3500

Wow look at that Brent is firmly at $106, well below the peak of $119+ this week. WTI still just hopping around $90s. And end of this week and March we're going to be around the same lol. But you will somehow doom more and claim things are worse.

Fit_Combination6988

3 Sundays in a row now WTI trying to open above $100

Exact_Entrepreneur66

Can anyone explain why is there an almost $12 gap between brent is there and WTI, assuming a scenario that treasury isn't actually shorting WTI?

AllCapNoBrake

Push all in on some ODTE's like short WTI to cover the losses.

tachyonvelocity

WTI, Brent negative, market thinks Trump's ultimatum shows we're closer to the endgame than the start. So I guess my worst case scenario last Friday might not happen: Since all parties are religious fundamentalists, no one reaches an understanding and we all strike each other with missiles and drones until the end of time all for our different but very similar magical sky daddies

tachyonvelocity

WTI, Brent negative, market thinks Trump's ultimatum shows we're closer to the endgame than the start. So I guess my worst case scenario last Friday might not happen: Since all parties are religious fundamentalists, no one reaches an understanding and we all strike each other with missiles and drones until the end of time all for our different but very similar magical sky daddies.

sandygws

Hope you mean Brent and not WTI otherwise you are WRECKED.

tachyonvelocity

WTI now DOWN from friday

sandygws

Oil at open: $100.50. Oil 15 mins later: $98.50 WTI is manipulated as FUCK and that's the fourth time it's been smacked straight back below $100 since this started. Treasury shorting without a doubt.

Current_Animator7546

WTI opens at $99. Brent $113

Icommandyou

Treasury working overnight to keep WTI below 100

Shot-Welcome-2822

WTI up but Brent down…. Fuckery

tachyonvelocity

Bears coping hard. WTI only up <0.5%

NotMe357

Bessent is working overtime to get WTI below 100$ now lol

_Doomer_Wojack_

See Bessent is awake he won’t let WTI go above $100 😭😭

Reasonable_Roger

WTI opens 97.30

SSkilledJFK

> In Kilduff’s view, there’s one reason WTI has had a ceiling around $100 and Brent crude has been “fairly well behaved” in the range of $105-$110 on the upside. “That’s because this situation could resolve itself fairly quickly. ... we’re just waiting here on the precipice to see if we take another leg higher. Because if this goes on much more than two weeks or so, we’re going to reprice the barrels of oil here considerably higher,” he said. I mean, I can see 🥭 saying everything is awesomesauce within two weeks, but in what world is this getting “resolved quickly”… It all has to be rigged. Calls on 4/1.

GrossFleshSack

WTI crude about to hit $107 and then come back down to $101. Or the mega bullish case it goes to $123 and back down to $110. Just some possibilities! Barring no new big catalysts its a predictable trajectory.

_Doomer_Wojack_

Gay bears🌈🐻 please gather around the soap box:📦 Right now: Dubai crude is now at $170. Both sides digging in. No Iranian government left to negotiate with because they’re all dead. April: Asian refineries run out of feedstock. Japan and Korea start rationing. Turkey, Pakistan, Egypt run out of dollar reserves trying to afford oil. First IMF bailout request hits the wire. European banks holding that EM debt start sweating. May: Q1 earnings. Every airline, manufacturer, and consumer company reports a disaster. Banks disclose credit losses on EM loans. Private credit funds start defaulting. Jamie Dimon’s cockroaches start showing up. June: Full global depression. Manufacturing output collapses. Interbank lending freezes. Someone on CNBC says the word Lehman. Your 401k sends you a letter you don’t want to open. But sure WTI is at $98, everything is fine… right regard bol?🐂📉

jonneh

I realized too late that USO calls, despite being the most liquid, were the wrong vehicle for this conflict given the WTI-Brent spread. # I think my next move is to wait for an opportune time to let into BNO (Brent) and LNG. Maybe after 🥭 declares victory

Roxorek

WTI crossing 100 on hyperliquid

2020isgreat

WTI is 100 now... bulls you are so unbelievably retarded

S0Anon

$120 uso 0dte\* WTI is whats at 98

Icommandyou

Watch Brent opens to 150 while WTI is at 90

SlartibartfastMcGee

WTI futures closed at $98 and change, near the day’s high, and missed most of the price action after hours. SPY futures stopped trading after only about 1/3rd of the EOD run up happened, SPY went up another 1% or so after the futures cutoff.

_Doomer_Wojack_

Slovenia just started rationing fuel. 50 liters per day for private vehicles. First EU country to do it. Once one does it the rest follow. This is the physical shortage hitting Main Street. Started with tankers not moving through Hormuz, then refineries shutting down, then wholesale prices spiking, now it’s at the gas station. But sure WTI at $98 is fine. Everything is fine.

SamLeCoyote_Fix_1

Exxon and Chevron are already valued for perfection. If oil rises by $20, they make more money, but their valuation multiple won't expand (it might even contract). Conversely, if SM Energy proves it can generate sustainable cash flow at $100 a barrel, the market will value it not at 2x, but at 4x or 5x. It's this "multiple expansion" that doubles or triples a stock's value, something a giant cannot mathematically achieve. The Leverage Effect of Debt (Value Transfer): Enterprise Value (EV) equals Debt + Market Capitalization (Equity). For a small, indebted producer like SM Energy, every dollar of excess Free Cash Flow generated by oil at $100 is used to repay debt. At constant Enterprise Value, every time a dollar of debt disappears, it is mathematically transferred to the market capitalization. This is a massive financial leverage effect that giants like EOG or Exxon (which have almost no net debt) do not have. The Hedges' "Roll-Over": They will create new contracts at higher prices. It's what is called "rolling up the curve." If the price war keeps WTI at $100 throughout 2026, in the third and fourth quarters, SM Energy will have to hedge its production for 2027 and 2028. But they will no longer hedge it at $65 or $70! They will hedge it at the prices dictated by the crisis (for example, $85 or $90).