Hopefully canada will finally

1
Comment
Favorite

Hopefully canada will finally build that oil pipeline. $110 oil. It's now or never.

WTI Crude Oil Futures Surge 30% to Surpass $118 a Barrel as Iran War Fuels Supply Fears

WTI, Brent push above $110 per barrel as Iran conflict intensifies. Iran announces son of killed supreme leader Khamenei will replace him. US tells its diplomats to leave Saudi Arabia, NYT reports.

WTI Crude Oil Futures Surge 30% to Surpass $118 a Barrel as Iran War Fuels Supply Fears

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

Top
Latest

No comments yet

Most Discussed

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":540633840460136,"tweetId":"540633840460136","gmtCreate":1773012235584,"gmtModify":1773012240355,"author":{"id":4142648172044492,"idStr":"4142648172044492","authorId":4142648172044492,"authorIdStr":"4142648172044492","name":"ZhongRenChun","avatar":"https://community-static.tradeup.com/news/626c9b2d6a6580aa7acb2f7bf1552413","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":11,"crmLevelSwitch":1,"currentWearingBadge":{"badgeId":"29815c1501c442c58b708482689df577-1","templateUuid":"29815c1501c442c58b708482689df577","name":"Emerging Contributor","description":"Contributors who received Editor's Pick for the 1st time","bigImgUrl":"https://static.tigerbbs.com/4ce9180a952c61a51c39f70d533b81a7","smallImgUrl":"https://static.tigerbbs.com/f98cf16cf4b858114f7ab9a779f9e6f1","redirectLinkEnabled":0,"redirectLink":"https://ttm.financial/TW/9000980585","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.06.12","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":27,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"title":"","html":"<html><head></head><body>Hopefully canada will finally build that oil pipeline.&nbsp; &nbsp;$110 oil. It's now or never.</body></html>","htmlText":"<html><head></head><body>Hopefully canada will finally build that oil pipeline.&nbsp; &nbsp;$110 oil. It's now or never.</body></html>","text":"Hopefully canada will finally build that oil pipeline. $110 oil. It's now or never.","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/540633840460136","repostId":1101203802,"repostType":2,"repost":{"id":"1101203802","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1773022799,"share":"https://ttm.financial/m/news/1101203802?lang=en_US&edition=fundamental","pubTime":"2026-03-09 10:19","market":"us","language":"en","title":"WTI Crude Oil Futures Surge 30% to Surpass $118 a Barrel as Iran War Fuels Supply Fears","url":"https://stock-news.laohu8.com/highlight/detail?id=1101203802","media":"Reuters","summary":"WTI, Brent push above $110 per barrel as Iran conflict intensifies. Iran announces son of killed supreme leader Khamenei will replace him. US tells its diplomats to leave Saudi Arabia, NYT reports.","content":"<html><head></head><body>Oil prices extended rally to about 30% on Monday, hitting their highest since July 2022, as the expanding U.S.-Israeli war with Iran led some major Middle East oil producers to cut supplies and on concerns of prolonged disruption to shipping through the Strait of Hormuz.Brent oil futures surged as much as 27.85% to $118.5 a barrel now, while WTI Crude oil futures jumped as much as 29.91% to $118.09 a barrel.<img src=\"https://community-static.tradeup.com/news/c654db9f95d99f802653c193084d7db9\" tg-width=\"569\" tg-height=\"183\"/>COMMENTARY:DANIEL HYNES, SENIOR COMMODITY STRATEGIST, ANZ, SYDNEY&#34;I think prices have ‌rallied this morning on the reports that Middle East producers are now reducing output due to storage facilities filling up fast.&#34;&#34;I certainly think the spectre now of Middle Eastern producers curtailing output is going to keep those prices elevated. The next flag will be whether it eventually reaches a point where they have to start shutting in oil wells, which not only further impacts output but also delays a response once the conflict eases. That would potentially sustain those prices for much longer.&#34;VISHNU VARATHAN, HEAD ⁠OF MACRO RESEARCH, ASIA EX-JAPAN, MIZUHO, SINGAPORE&#34;A sudden supply shock reverberates well beyond just who is a net energy exporter and importer. There are acute supply chain effects beyond how just price eats into margins. Even for a place like Indonesia (where) it is not unusual to see street protests if pump prices go up.&#34;&#34;Asia takes the brunt of the sharp escalation in oil prices and there are few places to run and hide. The dollar has to be the one outperforming, given Japan and Korea&#39;s exposures here and the sharp pain that can be expected from Brent at $107.&#34;SAUL KAVONIC, HEAD OF ENERGY RESEARCH AT MST MARQUEE&#34;The market had been complacent about the scope and duration of the war and associated supply disruptions until last Friday.&#34;Its a case of the oil market who cried wolf. After three years ‌of geopolitical ⁠risk premia rising only to fail to translate to supply disruptions, the market became complacent about the current events.&#34;But this existential Iran war is the energy crisis scenario that has been wargamed for 50 years, finally coming to fore.&#34;BMI, A UNIT OF FITCH SOLUTIONS&#34;Our baseline scenario is the conflict in Iran will be large but short-lived, though there is a clear risk of a prolonged war. Among emerging markets, the economic impact will be felt ⁠most clearly in the Gulf Cooperation Council, reflecting the shock&#39;s adverse impact on trade, logistics, tourism and investment.&#34;&#34;First, Pakistan and India are most vulnerable as they are energy importers with relatively high exposure to the Strait of Hormuz. Second, outside of physical trade disruption, Egypt and Turkiye are most exposed. This ⁠is due to their high energy import bill, fragile external positions, large energy subsidies and unanchored inflation. Third, commodity producing economies in Sub-Saharan Africa and Latin America are least at risk, including Nigeria, Ghana and Peru.&#34;MICHAEL MCCARTHY, CHIEF OPERATING OFFICER, MOOMOO, SYDNEY&#34;The threats to attack refineries ⁠are very concerning. Because it threatens the worst of all economic worlds. Cutting off 15%-20% of the world&#39;s oil supply not only slows down every economy globally, but it introduces an inflation impulse. And inflation plus slowing growth is stagflation, and that&#39;s an economic disaster.&#34;</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>WTI Crude Oil Futures Surge 30% to Surpass $118 a Barrel as Iran War Fuels Supply Fears</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWTI Crude Oil Futures Surge 30% to Surpass $118 a Barrel as Iran War Fuels Supply Fears\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nReuters \n2026-03-09 10:19\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>Oil prices extended rally to about 30% on Monday, hitting their highest since July 2022, as the expanding U.S.-Israeli war with Iran led some major Middle East oil producers to cut supplies and on concerns of prolonged disruption to shipping through the Strait of Hormuz.Brent oil futures surged as much as 27.85% to $118.5 a barrel now, while WTI Crude oil futures jumped as much as 29.91% to $118.09 a barrel.<img src=\"https://community-static.tradeup.com/news/c654db9f95d99f802653c193084d7db9\" tg-width=\"569\" tg-height=\"183\"/>COMMENTARY:DANIEL HYNES, SENIOR COMMODITY STRATEGIST, ANZ, SYDNEY&#34;I think prices have ‌rallied this morning on the reports that Middle East producers are now reducing output due to storage facilities filling up fast.&#34;&#34;I certainly think the spectre now of Middle Eastern producers curtailing output is going to keep those prices elevated. The next flag will be whether it eventually reaches a point where they have to start shutting in oil wells, which not only further impacts output but also delays a response once the conflict eases. That would potentially sustain those prices for much longer.&#34;VISHNU VARATHAN, HEAD ⁠OF MACRO RESEARCH, ASIA EX-JAPAN, MIZUHO, SINGAPORE&#34;A sudden supply shock reverberates well beyond just who is a net energy exporter and importer. There are acute supply chain effects beyond how just price eats into margins. Even for a place like Indonesia (where) it is not unusual to see street protests if pump prices go up.&#34;&#34;Asia takes the brunt of the sharp escalation in oil prices and there are few places to run and hide. The dollar has to be the one outperforming, given Japan and Korea&#39;s exposures here and the sharp pain that can be expected from Brent at $107.&#34;SAUL KAVONIC, HEAD OF ENERGY RESEARCH AT MST MARQUEE&#34;The market had been complacent about the scope and duration of the war and associated supply disruptions until last Friday.&#34;Its a case of the oil market who cried wolf. After three years ‌of geopolitical ⁠risk premia rising only to fail to translate to supply disruptions, the market became complacent about the current events.&#34;But this existential Iran war is the energy crisis scenario that has been wargamed for 50 years, finally coming to fore.&#34;BMI, A UNIT OF FITCH SOLUTIONS&#34;Our baseline scenario is the conflict in Iran will be large but short-lived, though there is a clear risk of a prolonged war. Among emerging markets, the economic impact will be felt ⁠most clearly in the Gulf Cooperation Council, reflecting the shock&#39;s adverse impact on trade, logistics, tourism and investment.&#34;&#34;First, Pakistan and India are most vulnerable as they are energy importers with relatively high exposure to the Strait of Hormuz. Second, outside of physical trade disruption, Egypt and Turkiye are most exposed. This ⁠is due to their high energy import bill, fragile external positions, large energy subsidies and unanchored inflation. Third, commodity producing economies in Sub-Saharan Africa and Latin America are least at risk, including Nigeria, Ghana and Peru.&#34;MICHAEL MCCARTHY, CHIEF OPERATING OFFICER, MOOMOO, SYDNEY&#34;The threats to attack refineries ⁠are very concerning. Because it threatens the worst of all economic worlds. Cutting off 15%-20% of the world&#39;s oil supply not only slows down every economy globally, but it introduces an inflation impulse. And inflation plus slowing growth is stagflation, and that&#39;s an economic disaster.&#34;</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101203802","content_text":"Oil prices extended rally to about 30% on Monday, hitting their highest since July 2022, as the expanding U.S.-Israeli war with Iran led some major Middle East oil producers to cut supplies and on concerns of prolonged disruption to shipping through the Strait of Hormuz.Brent oil futures surged as much as 27.85% to $118.5 a barrel now, while WTI Crude oil futures jumped as much as 29.91% to $118.09 a barrel.COMMENTARY:DANIEL HYNES, SENIOR COMMODITY STRATEGIST, ANZ, SYDNEY\"I think prices have ‌rallied this morning on the reports that Middle East producers are now reducing output due to storage facilities filling up fast.\"\"I certainly think the spectre now of Middle Eastern producers curtailing output is going to keep those prices elevated. The next flag will be whether it eventually reaches a point where they have to start shutting in oil wells, which not only further impacts output but also delays a response once the conflict eases. That would potentially sustain those prices for much longer.\"VISHNU VARATHAN, HEAD ⁠OF MACRO RESEARCH, ASIA EX-JAPAN, MIZUHO, SINGAPORE\"A sudden supply shock reverberates well beyond just who is a net energy exporter and importer. There are acute supply chain effects beyond how just price eats into margins. Even for a place like Indonesia (where) it is not unusual to see street protests if pump prices go up.\"\"Asia takes the brunt of the sharp escalation in oil prices and there are few places to run and hide. The dollar has to be the one outperforming, given Japan and Korea's exposures here and the sharp pain that can be expected from Brent at $107.\"SAUL KAVONIC, HEAD OF ENERGY RESEARCH AT MST MARQUEE\"The market had been complacent about the scope and duration of the war and associated supply disruptions until last Friday.\"Its a case of the oil market who cried wolf. After three years ‌of geopolitical ⁠risk premia rising only to fail to translate to supply disruptions, the market became complacent about the current events.\"But this existential Iran war is the energy crisis scenario that has been wargamed for 50 years, finally coming to fore.\"BMI, A UNIT OF FITCH SOLUTIONS\"Our baseline scenario is the conflict in Iran will be large but short-lived, though there is a clear risk of a prolonged war. Among emerging markets, the economic impact will be felt ⁠most clearly in the Gulf Cooperation Council, reflecting the shock's adverse impact on trade, logistics, tourism and investment.\"\"First, Pakistan and India are most vulnerable as they are energy importers with relatively high exposure to the Strait of Hormuz. Second, outside of physical trade disruption, Egypt and Turkiye are most exposed. This ⁠is due to their high energy import bill, fragile external positions, large energy subsidies and unanchored inflation. Third, commodity producing economies in Sub-Saharan Africa and Latin America are least at risk, including Nigeria, Ghana and Peru.\"MICHAEL MCCARTHY, CHIEF OPERATING OFFICER, MOOMOO, SYDNEY\"The threats to attack refineries ⁠are very concerning. Because it threatens the worst of all economic worlds. Cutting off 15%-20% of the world's oil supply not only slows down every economy globally, but it introduces an inflation impulse. And inflation plus slowing growth is stagflation, and that's an economic disaster.\"","news_type":1,"symbols_score_info":{"NQmain":2,"ESmain":2,"BZmain":2,"YMmain":2,"CLmain":2}},"isVote":1,"tweetType":1,"viewCount":120,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["USO","XLE"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":70,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}