KC

Kelly Covley 5.0 1 idea

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WTI
West Texas Intermediate Crude Oil
Oil prices will remain elevated due to a permanent risk premium even after the Strait of Hormuz reopens, as seen in the Bab el-Mandeb precedent where shipping volumes did not recover to pre-conflict levels after a ceasefire.
Energy  · Apr 27 · YOUTUBE
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LONG MED
Positions
TickerDirEntryP&LDate
WTI LONG $134.99 Apr 27
▶ YouTube High Bar for Tech Earnings This Week: Covley
Oil will have permanent risk premium
Oil prices will remain elevated due to a permanent risk premium even after the Strait of Hormuz reopens, as seen in the Bab el-Mandeb precedent where shipping volumes did not recover to pre-conflict levels after a ceasefire.
WTI HIGH Bloomberg Markets Apr 27, 20:20
Kelly Covley
Kelly Covley | 1 trade ideas tracked | WTI | YouTube | Buzzberg