RIG

$RIG now we can retest 4,70 and even 4,30. If nothing happens in politics...you know 😉, truth social, a gallon of coca-cola in the morning, etc. Hope we will soon start to move higher , getting ready for 2Q ER.

$RIG Ships are already being forced to register on Tehran's new portal just to get their temporary "60 day free" transit. We have traded the global supply chain to accept an Iranian tollbooth. "Hormuz procedures Iran’s Supreme National Security Council in turn said commercial vessels seeking passage through the Strait of Hormuz must submit requests to the Persian Gulf Strait Administration through the website, in line with clause 5 of what Tehran calls the Islamabad memorandum of understanding. The council said no fees would be charged to applicants for 60 days under the terms of the MoU, adding that the costs would be covered by the Iranian government."

$RIG https://www.ttnews.com/articles/oklahoma-crude-cushing-low

$RIG $SPY I don't believe for one minute that this is over. One party has a greater plan, and that plan involves Iran being broken. And that plan cannot be thwarted under the current leadership in Europe, the US, Australia, and Europe.

$RIG so does oil go up 25% tomorrow now that the MOU is dead? That is unless Trump cuts Israel off. If he doesn't oil probably doubles to $150. https://x.com/i/status/2067717830204916063

$RIG longs will be rewarded but patience is key. I think we eventually get into an$11.50 to $14 trading range late spring/early summer 2027

$RIG its truly amazing how the algos trade based on truth social posts and ignore the physical world. Cushing's is basically out of order, the SPR weeks away from salt caverns collapsing. You pump water into the caverns to raise the oil to be pumped out. The water degrades the salt obviously. Oil is lighter then water in case you werent aware. https://x.com/i/status/2067707174646686194

$RIG Active WTI suppression, all despite critical storage drainage https://www.marketwatch.com/story/the-iran-oil-shock-taught-traders-these-key-lessons-about-demand-and-china-b03ad6a3?mod=home_lead

$RIG back to 4.50 it goes

$RIG Initial small bite in at 5.30. A good bounce off 5.21

$RIG https://oilprice.com/Latest-Energy-News/World-News/Oil-Prices-Are-Crashing-Inventories-Tell-A-Different-Story.html