WTI Crude Oil - Feb 2023 (CL2302) - To The Moon

CL2302 (WTI Crude Oil - Feb 2023)

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2023-01-12

The US crude oil inventory was expecting a -2.243 million (drop) in inventory but instead saw an increase of 18.962 million. This meant that much lesser crude oil was consumed in anticipation of the market demand. This is bearish as it meant that manufacturers expected a much lower demand. $WTI Crude Oil - Feb 2023(CL2302)$

2023-01-06

Trading commodities and currencies

We find ourselves in a dismal equity market. Bond prices are falling. Even REITs leverage limits are shaky. I have reviewed some S-Reit current leverage. I am concerned. If valuation falls and interest rate rise, what then? The regulatory limit may be triggered. We are finally close to the edge. Perhaps a recovery is near. What should an intreprid investor do? What is the best way if one wish to bet on recovery? My thesis: short the USD and long commodities currencies. More directly, long commodities. Please note that while i am invested, these bets are risky. Currency and commodities future have ruin many. Consider the thesis at your own risk. $Canadian Dollar - Dec 2023(CAD2312)$

Trading commodities and currencies

2022-09-01

$WTI Crude Oil - Feb 2023(CL2302)$time to close for me. Probably regret it on Monday. But the risk is great that Putin may complain abt price capGood luck

2022-09-01

$WTI Crude Oil - Feb 2023(CL2302)$looks like since my last post, consensus on oil has finally shifted post Jackson hole speech.9 days ago, there was no talk of waning china demand, opec increasing production etc. UBS in fact predicted $125 oil in the coming months. At the same time UBS predicted recession risk of 60%.Citibank predicts oil at $70 by 2024 on the basis of recession.I am going with abt about $80 to $83 based on the argument that:1. sanctions against Russia oil has effectively failed2. Russia ability to circumvent sanctions means supply is close to prewar.3. Energy demand has definitely been increasing but Russia is forced to sell at a cheaper price.4. Iran supply may hit markets in 6 months time.Higher baseline interest

{"futures":{"categoryId":"FT_CA_Energy","contractCode":"CL2302","contractId":"44503a19b5804a17a65d682eb9e5a4c1","contractMonth":"202302","currency":"USD","currencyName":"USD","deliveryMode":"Physical","description":{"productAlias":"CRUDE OIL, LIGHT SWEET","productExchangeUrl":"https://www.cmegroup.com/markets/energy/crude-oil/light-sweet-crude.contractSpecs.html","productPriceIncrement":"0.01（ USD/barrel）( US$10 )","productScale":"1,000 barrels","productTradingMonth":"Monthly contracts listed for the current year","productTradingTime":"18:00（T-1）-17:00","productType":"Energy","productWorth":"US$1,000 x futures price","worth":1000},"exchangeCode":"NYMEX","exchangeId":"FT_EX_NYMEX","firstNoticeDate":"20230124","firstNoticeDateTimestamp":1674597600000,"hasVWAP":false,"isContinuous":false,"isMain":false,"isOmnibusTrade":true,"isTrade":true,"lastTradingDate":"20230120","lastTradingDateTimestamp":1674252000000,"multiplier":{"offset":0,"value":1000},"name":"WTI Crude Oil - Feb 2023","overnightSupported":false,"productId":"FT_PD_CL_FUT","productPriceConfig":{"displayMultiplier":{"offset":0,"value":1},"maxScale":2,"priceIncrements":[{"displayPriceIncrement":{"offset":2,"value":1},"priceLowerLimit":{"offset":0,"value":0},"priceUpperLimit":{"offset":0,"value":0}}],"quotesScale":{"offset":2,"value":1},"quotesVendorMultiplier":{"offset":0,"value":1},"tradeMultiplier":{"offset":0,"value":1}},"quotesDisplayType":"Simple","securityType":"FUT","status":"Expiry","symbol":"CL","symbolId":"FT_SY_CL","symbolName":"WTI Crude Oil"},"tab":"tweets","tweetList":[{"objectId":9951626000,"type":1,"entity":{"id":9951626000,"gmtCreate":1673479163400,"gmtModify":1676538842599,"author":{"id":"3574381076586256","authorId":"3574381076586256","name":"KYHBKO","avatar":"https://static.tigerbbs.com/c3bcbc7f9a10836dea92afc94bf39b5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574381076586256","idStr":"3574381076586256"},"themes":[],"htmlText":"The US crude oil inventory was expecting a -2.243 million (drop) in inventory but instead saw an increase of 18.962 million. This meant that much lesser crude oil was consumed in anticipation of the market demand. This is bearish as it meant that manufacturers expected a much lower demand. <a href=\"https://ttm.financial/FUT/CL2302\">$WTI Crude Oil - Feb 2023(CL2302)$ &nbsp;</a>","listText":"The US crude oil inventory was expecting a -2.243 million (drop) in inventory but instead saw an increase of 18.962 million. This meant that much lesser crude oil was consumed in anticipation of the market demand. This is bearish as it meant that manufacturers expected a much lower demand. <a href=\"https://ttm.financial/FUT/CL2302\">$WTI Crude Oil - Feb 2023(CL2302)$ &nbsp;</a>","text":"The US crude oil inventory was expecting a -2.243 million (drop) in inventory but instead saw an increase of 18.962 million. This meant that much lesser crude oil was consumed in anticipation of the market demand. This is bearish as it meant that manufacturers expected a much lower demand. $WTI Crude Oil - Feb 2023(CL2302)$","images":[{"img":"https://community-static.tradeup.com/news/5d938c15383ba5c0086aa96710d07edc","width":"1080","height":"1506"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":49,"commentSize":26,"repostSize":0,"link":"https://ttm.financial/post/9951626000","isVote":1,"tweetType":1,"viewCount":1196,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4090973469095140","authorId":"4090973469095140","name":"boonluan","avatar":"https://static.tigerbbs.com/8563e039c40224732cb1f166423a402d","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"4090973469095140","idStr":"4090973469095140"},"content":"oil drops , inflation drop","text":"oil drops , inflation drop","html":"oil drops , inflation drop"},{"author":{"id":"4135157516321462","authorId":"4135157516321462","name":"Bons","avatar":"https://community-static.tradeup.com/news/e8064a4036e0413c5d6bff77f8c3e949","crmLevel":12,"crmLevelSwitch":1,"authorIdStr":"4135157516321462","idStr":"4135157516321462"},"content":"recession to come?","text":"recession to come?","html":"recession to come?"}],"imageCount":1,"langContent":"EN","totalScore":0},"comments":[{"author":{"id":"4090973469095140","authorId":"4090973469095140","name":"boonluan","avatar":"https://static.tigerbbs.com/8563e039c40224732cb1f166423a402d","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"4090973469095140","idStr":"4090973469095140"},"content":"oil drops , inflation drop","text":"oil drops , inflation drop","html":"oil drops , inflation drop"},{"author":{"id":"4135157516321462","authorId":"4135157516321462","name":"Bons","avatar":"https://community-static.tradeup.com/news/e8064a4036e0413c5d6bff77f8c3e949","crmLevel":12,"crmLevelSwitch":1,"authorIdStr":"4135157516321462","idStr":"4135157516321462"},"content":"recession to come?","text":"recession to come?","html":"recession to come?"}],"streamModify":1676538842599,"id":9951626000,"gmtCreate":1673479163400,"gmtModify":1676538842599,"author":{"id":"3574381076586256","authorId":"3574381076586256","name":"KYHBKO","avatar":"https://static.tigerbbs.com/c3bcbc7f9a10836dea92afc94bf39b5b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574381076586256","idStr":"3574381076586256"},"themes":[],"htmlText":"The US crude oil inventory was expecting a -2.243 million (drop) in inventory but instead saw an increase of 18.962 million. This meant that much lesser crude oil was consumed in anticipation of the market demand. This is bearish as it meant that manufacturers expected a much lower demand. <a href=\"https://ttm.financial/FUT/CL2302\">$WTI Crude Oil - Feb 2023(CL2302)$ &nbsp;</a>","listText":"The US crude oil inventory was expecting a -2.243 million (drop) in inventory but instead saw an increase of 18.962 million. This meant that much lesser crude oil was consumed in anticipation of the market demand. This is bearish as it meant that manufacturers expected a much lower demand. <a href=\"https://ttm.financial/FUT/CL2302\">$WTI Crude Oil - Feb 2023(CL2302)$ &nbsp;</a>","text":"The US crude oil inventory was expecting a -2.243 million (drop) in inventory but instead saw an increase of 18.962 million. This meant that much lesser crude oil was consumed in anticipation of the market demand. This is bearish as it meant that manufacturers expected a much lower demand. $WTI Crude Oil - Feb 2023(CL2302)$","images":[{"img":"https://community-static.tradeup.com/news/5d938c15383ba5c0086aa96710d07edc","width":"1080","height":"1506"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":49,"commentSize":26,"repostSize":0,"link":"https://ttm.financial/post/9951626000","isVote":1,"tweetType":1,"viewCount":1196,"authorTweetTopStatus":1,"verified":2,"imageCount":1,"langContent":"EN","totalScore":0},{"objectId":9959598643,"type":1,"entity":{"id":9959598643,"gmtCreate":1673017940483,"gmtModify":1676538770358,"author":{"id":"4106973740835950","authorId":"4106973740835950","name":"blashblash","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4106973740835950","idStr":"4106973740835950"},"themes":[],"title":"Trading commodities and currencies","htmlText":"We find ourselves in a&nbsp;dismal equity market. Bond prices are falling.&nbsp; Even REITs leverage limits are shaky.&nbsp; I have reviewed some S-Reit current &nbsp;leverage. I am concerned. If valuation falls and interest rate rise, what then? The regulatory limit may be triggered. We are finally close to the edge. Perhaps a recovery is near. What should an intreprid investor do? What is the best way if one wish to bet on recovery? My thesis: short the USD and long commodities currencies. More directly, long commodities. Please note that while i am invested, these bets are risky. Currency and commodities future have ruin many. Consider the thesis at your own risk. <a href=\"https://ttm.financial/FUT/CAD2312\">$Canadian Dollar - Dec 2023(CAD2312)$ &nbsp;</a>","listText":"We find ourselves in a&nbsp;dismal equity market. Bond prices are falling.&nbsp; Even REITs leverage limits are shaky.&nbsp; I have reviewed some S-Reit current &nbsp;leverage. I am concerned. If valuation falls and interest rate rise, what then? The regulatory limit may be triggered. We are finally close to the edge. Perhaps a recovery is near. What should an intreprid investor do? What is the best way if one wish to bet on recovery? My thesis: short the USD and long commodities currencies. More directly, long commodities. Please note that while i am invested, these bets are risky. Currency and commodities future have ruin many. Consider the thesis at your own risk. <a href=\"https://ttm.financial/FUT/CAD2312\">$Canadian Dollar - Dec 2023(CAD2312)$ &nbsp;</a>","text":"We find ourselves in a dismal equity market. Bond prices are falling. Even REITs leverage limits are shaky. I have reviewed some S-Reit current leverage. I am concerned. If valuation falls and interest rate rise, what then? The regulatory limit may be triggered. We are finally close to the edge. Perhaps a recovery is near. What should an intreprid investor do? What is the best way if one wish to bet on recovery? My thesis: short the USD and long commodities currencies. More directly, long commodities. Please note that while i am invested, these bets are risky. Currency and commodities future have ruin many. Consider the thesis at your own risk. $Canadian Dollar - Dec 2023(CAD2312)$","images":[{"img":"https://community-static.tradeup.com/news/a0f866898856d3ab0342117913fb45d0","width":"1080","height":"1490"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":83,"commentSize":46,"repostSize":0,"link":"https://ttm.financial/post/9959598643","isVote":1,"tweetType":1,"viewCount":4388,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3577965120664925","authorId":"3577965120664925","name":"SR050321","avatar":"https://community-static.tradeup.com/news/7a02781de36c0ac0f4851adb1cee54ff","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3577965120664925","idStr":"3577965120664925"},"content":"You have a good profit but i saw some one play commodities that loss 500k in 2020 and 200k in 2022, commodities got expiry mth if not mistaken. Agree with u of the high risk. Thanks for sharing","text":"You have a good profit but i saw some one play commodities that loss 500k in 2020 and 200k in 2022, commodities got expiry mth if not mistaken. Agree with u of the high risk. Thanks for sharing","html":"You have a good profit but i saw some one play commodities that loss 500k in 2020 and 200k in 2022, commodities got expiry mth if not mistaken. Agree with u of the high risk. Thanks for sharing"}],"imageCount":1,"langContent":"EN","totalScore":0},"comments":[{"author":{"id":"3577965120664925","authorId":"3577965120664925","name":"SR050321","avatar":"https://community-static.tradeup.com/news/7a02781de36c0ac0f4851adb1cee54ff","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3577965120664925","idStr":"3577965120664925"},"content":"You have a good profit but i saw some one play commodities that loss 500k in 2020 and 200k in 2022, commodities got expiry mth if not mistaken. Agree with u of the high risk. Thanks for sharing","text":"You have a good profit but i saw some one play commodities that loss 500k in 2020 and 200k in 2022, commodities got expiry mth if not mistaken. Agree with u of the high risk. Thanks for sharing","html":"You have a good profit but i saw some one play commodities that loss 500k in 2020 and 200k in 2022, commodities got expiry mth if not mistaken. Agree with u of the high risk. Thanks for sharing"}],"streamModify":1676538770358,"id":9959598643,"gmtCreate":1673017940483,"gmtModify":1676538770358,"author":{"id":"4106973740835950","authorId":"4106973740835950","name":"blashblash","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4106973740835950","idStr":"4106973740835950"},"themes":[],"title":"Trading commodities and currencies","htmlText":"We find ourselves in a&nbsp;dismal equity market. Bond prices are falling.&nbsp; Even REITs leverage limits are shaky.&nbsp; I have reviewed some S-Reit current &nbsp;leverage. I am concerned. If valuation falls and interest rate rise, what then? The regulatory limit may be triggered. We are finally close to the edge. Perhaps a recovery is near. What should an intreprid investor do? What is the best way if one wish to bet on recovery? My thesis: short the USD and long commodities currencies. More directly, long commodities. Please note that while i am invested, these bets are risky. Currency and commodities future have ruin many. Consider the thesis at your own risk. <a href=\"https://ttm.financial/FUT/CAD2312\">$Canadian Dollar - Dec 2023(CAD2312)$ &nbsp;</a>","listText":"We find ourselves in a&nbsp;dismal equity market. Bond prices are falling.&nbsp; Even REITs leverage limits are shaky.&nbsp; I have reviewed some S-Reit current &nbsp;leverage. I am concerned. If valuation falls and interest rate rise, what then? The regulatory limit may be triggered. We are finally close to the edge. Perhaps a recovery is near. What should an intreprid investor do? What is the best way if one wish to bet on recovery? My thesis: short the USD and long commodities currencies. More directly, long commodities. Please note that while i am invested, these bets are risky. Currency and commodities future have ruin many. Consider the thesis at your own risk. <a href=\"https://ttm.financial/FUT/CAD2312\">$Canadian Dollar - Dec 2023(CAD2312)$ &nbsp;</a>","text":"We find ourselves in a dismal equity market. Bond prices are falling. Even REITs leverage limits are shaky. I have reviewed some S-Reit current leverage. I am concerned. If valuation falls and interest rate rise, what then? The regulatory limit may be triggered. We are finally close to the edge. Perhaps a recovery is near. What should an intreprid investor do? What is the best way if one wish to bet on recovery? My thesis: short the USD and long commodities currencies. More directly, long commodities. Please note that while i am invested, these bets are risky. Currency and commodities future have ruin many. Consider the thesis at your own risk. $Canadian Dollar - Dec 2023(CAD2312)$","images":[{"img":"https://community-static.tradeup.com/news/a0f866898856d3ab0342117913fb45d0","width":"1080","height":"1490"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":83,"commentSize":46,"repostSize":0,"link":"https://ttm.financial/post/9959598643","isVote":1,"tweetType":1,"viewCount":4388,"authorTweetTopStatus":1,"verified":2,"imageCount":1,"langContent":"EN","totalScore":0},{"objectId":9939058933,"type":1,"entity":{"id":9939058933,"gmtCreate":1662030885424,"gmtModify":1676536629524,"author":{"id":"4106973740835950","authorId":"4106973740835950","name":"blashblash","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4106973740835950","idStr":"4106973740835950"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/FUT/CL2302\">$WTI Crude Oil - Feb 2023(CL2302)$</a>time to close for me.&nbsp;Probably regret it on Monday.&nbsp;But the risk is great that Putin may complain abt price capGood luck","listText":"<a href=\"https://ttm.financial/FUT/CL2302\">$WTI Crude Oil - Feb 2023(CL2302)$</a>time to close for me.&nbsp;Probably regret it on Monday.&nbsp;But the risk is great that Putin may complain abt price capGood luck","text":"$WTI Crude Oil - Feb 2023(CL2302)$time to close for me. Probably regret it on Monday. But the risk is great that Putin may complain abt price capGood luck","images":[{"img":"https://community-static.tradeup.com/news/f7fae3849e488b96c3ce112ed9d47427","width":"1080","height":"1920"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":15,"commentSize":13,"repostSize":0,"link":"https://ttm.financial/post/9939058933","isVote":1,"tweetType":1,"viewCount":2384,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"comments":[],"streamModify":1676536629524,"id":9939058933,"gmtCreate":1662030885424,"gmtModify":1676536629524,"author":{"id":"4106973740835950","authorId":"4106973740835950","name":"blashblash","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4106973740835950","idStr":"4106973740835950"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/FUT/CL2302\">$WTI Crude Oil - Feb 2023(CL2302)$</a>time to close for me.&nbsp;Probably regret it on Monday.&nbsp;But the risk is great that Putin may complain abt price capGood luck","listText":"<a href=\"https://ttm.financial/FUT/CL2302\">$WTI Crude Oil - Feb 2023(CL2302)$</a>time to close for me.&nbsp;Probably regret it on Monday.&nbsp;But the risk is great that Putin may complain abt price capGood luck","text":"$WTI Crude Oil - Feb 2023(CL2302)$time to close for me. Probably regret it on Monday. But the risk is great that Putin may complain abt price capGood luck","images":[{"img":"https://community-static.tradeup.com/news/f7fae3849e488b96c3ce112ed9d47427","width":"1080","height":"1920"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":15,"commentSize":13,"repostSize":0,"link":"https://ttm.financial/post/9939058933","isVote":1,"tweetType":1,"viewCount":2384,"authorTweetTopStatus":1,"verified":2,"imageCount":1,"langContent":"EN","totalScore":0},{"objectId":9930260559,"type":1,"entity":{"id":9930260559,"gmtCreate":1661980605774,"gmtModify":1676536613996,"author":{"id":"4106973740835950","authorId":"4106973740835950","name":"blashblash","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4106973740835950","idStr":"4106973740835950"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/FUT/CL2302\">$WTI Crude Oil - Feb 2023(CL2302)$</a>looks like since my last post, consensus on oil has finally shifted post Jackson hole speech.9 days ago, there was no talk of waning china demand, opec increasing production etc.&nbsp;UBS in fact predicted $125 oil in the coming months.&nbsp;At the same time UBS predicted recession risk of 60%.Citibank predicts oil at $70 by 2024 on the basis of recession.I am going with abt about $80 to $83 based on the argument that:1. sanctions against Russia oil has effectively failed2. Russia ability to circumvent sanctions means supply is close to prewar.3. Energy demand has definitely been increasing but Russia is forced to sell at a cheaper price.4. Iran supply may hit markets in 6 months time.Higher baseline interest","listText":"<a href=\"https://ttm.financial/FUT/CL2302\">$WTI Crude Oil - Feb 2023(CL2302)$</a>looks like since my last post, consensus on oil has finally shifted post Jackson hole speech.9 days ago, there was no talk of waning china demand, opec increasing production etc.&nbsp;UBS in fact predicted $125 oil in the coming months.&nbsp;At the same time UBS predicted recession risk of 60%.Citibank predicts oil at $70 by 2024 on the basis of recession.I am going with abt about $80 to $83 based on the argument that:1. sanctions against Russia oil has effectively failed2. Russia ability to circumvent sanctions means supply is close to prewar.3. Energy demand has definitely been increasing but Russia is forced to sell at a cheaper price.4. Iran supply may hit markets in 6 months time.Higher baseline interest","text":"$WTI Crude Oil - Feb 2023(CL2302)$looks like since my last post, consensus on oil has finally shifted post Jackson hole speech.9 days ago, there was no talk of waning china demand, opec increasing production etc. UBS in fact predicted $125 oil in the coming months. At the same time UBS predicted recession risk of 60%.Citibank predicts oil at $70 by 2024 on the basis of recession.I am going with abt about $80 to $83 based on the argument that:1. sanctions against Russia oil has effectively failed2. Russia ability to circumvent sanctions means supply is close to prewar.3. Energy demand has definitely been increasing but Russia is forced to sell at a cheaper price.4. Iran supply may hit markets in 6 months time.Higher baseline interest","images":[{"img":"https://community-static.tradeup.com/news/8438a55396d79cc24e7d35ab22b1f91d","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":2,"paper":1,"likeSize":40,"commentSize":14,"repostSize":0,"link":"https://ttm.financial/post/9930260559","isVote":1,"tweetType":1,"viewCount":3621,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574662162410712","authorId":"3574662162410712","name":"Ericdao","avatar":"https://static.tigerbbs.com/bc892cea22318ad4afece18be23b502b","crmLevel":12,"crmLevelSwitch":1,"authorIdStr":"3574662162410712","idStr":"3574662162410712"},"content":"Citibank predict $70 by 2024? I predict $20 by 2050 [LOL]. They must be god to be able to see so far ahead. Rather than to predict, just play along with the trend","text":"Citibank predict $70 by 2024? I predict $20 by 2050 [LOL]. They must be god to be able to see so far ahead. Rather than to predict, just play along with the trend","html":"Citibank predict $70 by 2024? I predict $20 by 2050 [LOL]. They must be god to be able to see so far ahead. Rather than to predict, just play along with the trend"},{"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"content":"thanks for your sharing","text":"thanks for your sharing","html":"thanks for your sharing"}],"imageCount":1,"langContent":"EN","totalScore":0},"comments":[{"author":{"id":"3574662162410712","authorId":"3574662162410712","name":"Ericdao","avatar":"https://static.tigerbbs.com/bc892cea22318ad4afece18be23b502b","crmLevel":12,"crmLevelSwitch":1,"authorIdStr":"3574662162410712","idStr":"3574662162410712"},"content":"Citibank predict $70 by 2024? I predict $20 by 2050 [LOL]. They must be god to be able to see so far ahead. Rather than to predict, just play along with the trend","text":"Citibank predict $70 by 2024? I predict $20 by 2050 [LOL]. They must be god to be able to see so far ahead. Rather than to predict, just play along with the trend","html":"Citibank predict $70 by 2024? I predict $20 by 2050 [LOL]. They must be god to be able to see so far ahead. Rather than to predict, just play along with the trend"},{"author":{"id":"3572005079747641","authorId":"3572005079747641","name":"rogerl","avatar":"https://static.tigerbbs.com/70a75678cb06207361b08aa8e42a9ecd","crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3572005079747641","idStr":"3572005079747641"},"content":"thanks for your sharing","text":"thanks for your sharing","html":"thanks for your sharing"}],"streamModify":1676536613996,"id":9930260559,"gmtCreate":1661980605774,"gmtModify":1676536613996,"author":{"id":"4106973740835950","authorId":"4106973740835950","name":"blashblash","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4106973740835950","idStr":"4106973740835950"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/FUT/CL2302\">$WTI Crude Oil - Feb 2023(CL2302)$</a>looks like since my last post, consensus on oil has finally shifted post Jackson hole speech.9 days ago, there was no talk of waning china demand, opec increasing production etc.&nbsp;UBS in fact predicted $125 oil in the coming months.&nbsp;At the same time UBS predicted recession risk of 60%.Citibank predicts oil at $70 by 2024 on the basis of recession.I am going with abt about $80 to $83 based on the argument that:1. sanctions against Russia oil has effectively failed2. Russia ability to circumvent sanctions means supply is close to prewar.3. Energy demand has definitely been increasing but Russia is forced to sell at a cheaper price.4. Iran supply may hit markets in 6 months time.Higher baseline interest","listText":"<a href=\"https://ttm.financial/FUT/CL2302\">$WTI Crude Oil - Feb 2023(CL2302)$</a>looks like since my last post, consensus on oil has finally shifted post Jackson hole speech.9 days ago, there was no talk of waning china demand, opec increasing production etc.&nbsp;UBS in fact predicted $125 oil in the coming months.&nbsp;At the same time UBS predicted recession risk of 60%.Citibank predicts oil at $70 by 2024 on the basis of recession.I am going with abt about $80 to $83 based on the argument that:1. sanctions against Russia oil has effectively failed2. Russia ability to circumvent sanctions means supply is close to prewar.3. Energy demand has definitely been increasing but Russia is forced to sell at a cheaper price.4. Iran supply may hit markets in 6 months time.Higher baseline interest","text":"$WTI Crude Oil - Feb 2023(CL2302)$looks like since my last post, consensus on oil has finally shifted post Jackson hole speech.9 days ago, there was no talk of waning china demand, opec increasing production etc. UBS in fact predicted $125 oil in the coming months. At the same time UBS predicted recession risk of 60%.Citibank predicts oil at $70 by 2024 on the basis of recession.I am going with abt about $80 to $83 based on the argument that:1. sanctions against Russia oil has effectively failed2. Russia ability to circumvent sanctions means supply is close to prewar.3. Energy demand has definitely been increasing but Russia is forced to sell at a cheaper price.4. Iran supply may hit markets in 6 months time.Higher baseline interest","images":[{"img":"https://community-static.tradeup.com/news/8438a55396d79cc24e7d35ab22b1f91d","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":2,"paper":1,"likeSize":40,"commentSize":14,"repostSize":0,"link":"https://ttm.financial/post/9930260559","isVote":1,"tweetType":1,"viewCount":3621,"authorTweetTopStatus":1,"verified":2,"imageCount":1,"langContent":"EN","totalScore":0}],"newsList":[],"exchange":{"abbreviation":"New York Mercantile Exchange","code":"NYMEX","exchangeId":"FT_EX_NYMEX","name":"NYMEX","securityType":"FUT","status":"Online","weight":20,"zone":"EST","zoneId":"America/New_York","zoneName":"Eastern Standard Time"},"contract":{"categoryId":"FT_CA_Energy","contractCode":"CL2302","contractId":"44503a19b5804a17a65d682eb9e5a4c1","contractMonth":"202302","currency":"USD","currencyName":"USD","deliveryMode":"Physical","description":{"productAlias":"CRUDE OIL, LIGHT SWEET","productExchangeUrl":"https://www.cmegroup.com/markets/energy/crude-oil/light-sweet-crude.contractSpecs.html","productPriceIncrement":"0.01（ USD/barrel）( US$10 )","productScale":"1,000 barrels","productTradingMonth":"Monthly contracts listed for the current year","productTradingTime":"18:00（T-1）-17:00","productType":"Energy","productWorth":"US$1,000 x futures price","worth":1000},"exchangeCode":"NYMEX","exchangeId":"FT_EX_NYMEX","firstNoticeDate":"20230124","firstNoticeDateTimestamp":1674597600000,"hasVWAP":false,"isContinuous":false,"isMain":false,"isOmnibusTrade":true,"isTrade":true,"lastTradingDate":"20230120","lastTradingDateTimestamp":1674252000000,"multiplier":{"offset":0,"value":1000},"name":"WTI Crude Oil - Feb 2023","overnightSupported":false,"productId":"FT_PD_CL_FUT","productPriceConfig":{"displayMultiplier":{"offset":0,"value":1},"maxScale":2,"priceIncrements":[{"displayPriceIncrement":{"offset":2,"value":1},"priceLowerLimit":{"offset":0,"value":0},"priceUpperLimit":{"offset":0,"value":0}}],"quotesScale":{"offset":2,"value":1},"quotesVendorMultiplier":{"offset":0,"value":1},"tradeMultiplier":{"offset":0,"value":1}},"quotesDisplayType":"Simple","securityType":"FUT","status":"Expiry","symbol":"CL","symbolId":"FT_SY_CL","symbolName":"WTI Crude Oil"}}