Posted 4/6/2026 07:39 (#11608771 - in reply to #11608746) Subject: RE: Oil price post Hormuz
Well, it`s like in the global bean market, end users see a huge Brazilian crop hitting the market in a month or whatever, they aren`t going to buy any more high priced old crop beans than they absolutely have to. The worst case scenario "priced in" premium goes up in smoke as supply threats become diminished. One would think it would be similar with oil.
Oil price post Hormuz
