u/Force_Hammer

A predicted "oil cliff" in mid-April due to war-related supply disruptions will drive the price of crude oil significantly higher. Analysis cites a loss of 4.5-5 million barrels/day now, doubling by mid-April, with strategic reserves and exempted oil running out. A sudden, un-replaceable loss of ~10% of global supply should cause a sharp price spike in the physical oil market, reflected in oil futures and ETFs. The post implies a direct long oil trade to capitalize on the predicted supply-driven price surge over the next few weeks. Rapid diplomatic resolution to the conflict; unforeseen release of additional strategic reserves; significant demand destruction from high prices.