$BZ
In an escalating bombing scenario, the oil futures market turns into a savvy speculative arena. When Iran sells 2.5 million barrels of oil a day and 380 drones to Russia, the pace of Russian bombardments on Ukraine steps up to 140 strikes a week
Traders then open a long position on Brent crude futures at $101.80 with a volume of 12,000 contracts, anticipating a price surge due to supply disruption
The US responds with intensive strikes on Iran exceeding 95 air raids, prompting Tehran to slash its exports to 900,000 barrels and driving down global supply
$BZ
At this point, speculators close part of their position at $103.40 locking in a profit, and then open a short position of 8,000 contracts at $103.20 in anticipation of sanctions being lifted
As US stockpiles run low and the US begins purchasing 1.7 million barrels from Russia, tensions ease temporarily and prices drop back to 102.50, allowing the short trade to be closed with an additional profit
This is how the astute trader links the intensity of the bombing with trade volumes, turning war news into lucrative opportunities in the futures market
$BZ
#bz #oil #USGovernment #RussiaUkraineWar #iran
In an escalating bombing scenario, the oil futures market turns into a savvy speculative arena. When Iran sells 2.5 million barrels of oil a day and 380 drones to Russia, the pace of Russian bombardments on Ukraine steps up to 140 strikes a week
Traders then open a long position on Brent crude futures at $101.80 with a volume of 12,000 contracts, anticipating a price surge due to supply disruption
The US responds with intensive strikes on Iran exceeding 95 air raids, prompting Tehran to slash its exports to 900,000 barrels and driving down global supply
$BZ
At this point, speculators close part of their position at $103.40 locking in a profit, and then open a short position of 8,000 contracts at $103.20 in anticipation of sanctions being lifted
As US stockpiles run low and the US begins purchasing 1.7 million barrels from Russia, tensions ease temporarily and prices drop back to 102.50, allowing the short trade to be closed with an additional profit
This is how the astute trader links the intensity of the bombing with trade volumes, turning war news into lucrative opportunities in the futures market
$BZ
#bz #oil #USGovernment #RussiaUkraineWar #iran