WTI Oil at $109/$110 a barrel--Sun Evening

113,117 Views | 967 Replies | Last: 3 days ago by No Spin Ag
LMCane
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2:23p, 3/10/26
let's analyze:

Iran has zero naval warships left

Iran has no minelayers left

Iran has a few speedboats with a machine gun

now let's analyze the CBS Report: "indications Iran is taking steps to deploy mines"

so we have "INDICATIONS" whatever that means.

that there are "STEPS TAKING PLACE" whatever that means.

it could literally be a Qatari who has worked with the Americans two years ago telling CBS News that someone is doing something.
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nortex97
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In reply to LMCane • 2:26p, 3/10/26
AG
This could be akin to '51 intelligence officials' claiming to some reporter that they have seen 'indications of activity' around some warehouse the IRGC once stored mines in. Farcical is too kind. More likely would be some clowns who want to both/either (a) harm Trump politically or (b) make some money off some quick CL=F futures etc.
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GAC06
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In reply to LMCane • 2:30p, 3/10/26
AG
LMCane said:
let's analyze:

Iran has zero naval warships left

Iran has no minelayers left

Iran has a few speedboats with a machine gun

now let's analyze the CBS Report: "indications Iran is taking steps to deploy mines"

so we have "INDICATIONS" whatever that means.

that there are "STEPS TAKING PLACE" whatever that means.

it could literally be a Qatari who has worked with the Americans two years ago telling CBS News that someone is doing something.


Nice "analysis".

Maybe ask CBS where they get their info


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TacosaurusRex
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In reply to GAC06 • 2:45p, 3/10/26
Dibs on not driving one of those boats.

Also, I don't think their old daddy, the Chinese are going to like that very much.
"If you are reading this, I have passed on from this world — not as big a deal for you as it was for me."
T. Boone Pickens
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samurai_science
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In reply to TacosaurusRex • 3:08p, 3/10/26
TacosaurusRex said:
Dibs on not driving one of those boats.

Also, I don't think their old daddy, the Chinese are going to like that very much.

Its fake news
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GAC06
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3:14p, 3/10/26
AG
From the other thread

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GAC06
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In reply to TacosaurusRex • 3:15p, 3/10/26
AG
TacosaurusRex said:
Dibs on not driving one of those boats.

Also, I don't think their old daddy, the Chinese are going to like that very much.


Yeah if they're really doing this I can't imagine boats making many return trips. What would run out first? Boats? Mines? Fanatics?
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MouthBQ98
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In reply to TacosaurusRex • 3:17p, 3/10/26
AG
TacosaurusRex said:
Dan Scott said:


From US navy escorting vessels to this within an hour


I would like additional sources on this. Mining the straight isn't a quick or easy process, and it would leave the crews doing it very exposed.

ETA: this tweet looks like it's propping someone's position in NYC.



Looks more like some group is playing the futures market and dropping stories to media to manipulate it in a volatile environment.
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HoustonAggie11
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3:18p, 3/10/26
If it's on twitter it's definitely true.
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Dan Scott
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3:20p, 3/10/26
AG
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samurai_science
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3:58p, 3/10/26
"sources"
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doubledog
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In reply to LMCane • 4:10p, 3/10/26
LMCane said:
let's analyze:

Iran has zero naval warships left

Iran has no minelayers left

Iran has a few speedboats with a machine gun

now let's analyze the CBS Report: "indications Iran is taking steps to deploy mines"

so we have "INDICATIONS" whatever that means.

that there are "STEPS TAKING PLACE" whatever that means.

it could literally be a Qatari who has worked with the Americans two years ago telling CBS News that someone is doing something.

Throwing a few claymores into the sea is about all the Iranian revolutionary guard can do at this point.
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Dan Scott
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4:17p, 3/10/26
AG


Oil prices jumped after these reports came out from CBS and CNN. Trump within an hour posted that there is no report of Iranian mining the strait. Then Trump made the post and said we destroyed inactive boats. Trump really wants to calm the oil market and make the point this is no non-story.
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BrazosDog02
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In reply to Tony Franklins Other Shoe • 5:36p, 3/10/26
AG
Tony Franklins Other Shoe said:
BrazosDog02 said:
LMCane said:
carl spacklers hat said:
FlyRod said:
Chatter from oil folks I'm hearing is $156 by June. That's the summer floor (projected) not ceiling. Well this thread can and should stay alive just to check the numbers.

So what's the chatter now from "the sky is falling" crowd? Don't disappear on us after posting your prognostications, as erroneous as they may be. Let's check the numbers. What say you now, Nostradamus?


just fell to $84 in the past hour.

is $84 the same as $156?

but it's "chatter"!!!


As a 11 year veteran of O&G….the "oil folks" chattering generally don't know jack **** about the price of oil or what it is, was, or might be doing in the future.

It's like asking the Walmart cashier what the company earnings report will be in Q2.

Are these the same oil folks that have upgraded the double wide, two seadoos on trailers in the yard, a bass boat, two side by sides and three vehicles in disrepair, with their pit bulls chained up to protect it all?


I dunno but if you're looking for a brand new King Ranch Super Duty with 23 miles, they may be available next Monday on FB Marketplace.
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Aston04
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5:40p, 3/10/26
AG
Irans problem is even if they can block the strait, they will piss off whatever allies they have left.
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MattAg84
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In reply to No Spin Ag • 5:41p, 3/10/26
AG
No Spin Ag said:
FatZilla said:
WTI at $88 and falling like a brick


Somebody's needs to tell the gas stations who jumped pricess up like a rocket because gas isn't falling like anything, seeing as how it is still $3.49.

Takes longer than the rise. Come back next week
C/O 2007
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MattAg84
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In reply to fc2112 • 5:44p, 3/10/26
AG
I mean they aren't wrong
C/O 2007
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Dan Scott
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In reply to Aston04 • 5:45p, 3/10/26
AG
Except Putin. Russia is really the wildcard in all this
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HoustonAggie11
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6:00p, 3/10/26
gotta love the market Iran could make up any lies they want about the Strait of Hormuz and prices will go up.
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GAC06
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7:09p, 3/10/26
AG
Report: Iran is moving to mine the strait

F16: Fake news! Impossible!

Centcom: we destroyed numerous vessels mining the strait

Trump: we destroyed numerous vessels mining the strait
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aggie93
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7:13p, 3/10/26
AG
It's so gross seeing the media openly doing everything they can to help our enemies, including lying for them.
"The most terrifying words in the English language are: I'm from the government and I'm here to help."

Ronald Reagan
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TexasAggiesWin
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In reply to GAC06 • 7:37p, 3/10/26
S
GAC06 said:
Report: Iran is moving to mine the strait

F16: Fake news! Impossible!

Centcom: we destroyed numerous vessels mining the strait

Trump: we destroyed numerous vessels mining the strait

This story has now changed 15 times with the media, nobody knows what exactly is going on unless you are either laying mines in the Strait or actively working to prevent mines from being laid in the Strait. Tap the brakes a bit
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RGLAG85
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In reply to GAC06 • 7:39p, 3/10/26
AG
GAC06 said:
Report: Iran is moving to mine the strait

F16: Fake news! Impossible!

Centcom: we destroyed numerous vessels mining the strait

Trump: we destroyed numerous vessels mining the strait

That's not what he said. He said, we've destroyed inactive mine boats.
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No Spin Ag
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In reply to HoustonAggie11 • 7:53p, 3/10/26
HoustonAggie11 said:
gotta love the market Iran could make up any lies they want about the Strait of Hormuz and prices will go up.


It makes one think the market looks for any reason to increase profits by increasing prices.

Who am I kidding, of course that's not even the most remote possibility in their thinking.
There are in fact two things, science and opinion; the former begets knowledge, the later ignorance. Hippocrates
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techno-ag
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In reply to RGLAG85 • 7:55p, 3/10/26
AG
RGLAG85 said:
GAC06 said:
Report: Iran is moving to mine the strait

F16: Fake news! Impossible!

Centcom: we destroyed numerous vessels mining the strait

Trump: we destroyed numerous vessels mining the strait

That's not what he said. He said, we've destroyed inactive mine boats.
They won't be mining now, that's for sure.
The left cannot kill the Spirit of Charlie Kirk.
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backintexas2013
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In reply to RGLAG85 • 8:09p, 3/10/26
AG
Don't correct warhawks. They know more.
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Dan Scott
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7:56a, 3/11/26
AG
SPR release likely

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No Spin Ag
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In reply to Dan Scott • 8:10a, 3/11/26
Dan Scott said:
SPR release likely



Why would this be necessary if we've been told this increase is temporary because the war will be over in a few weeks to a few months and oil prices are going back down?

Or is this being looked at because of polling?
There are in fact two things, science and opinion; the former begets knowledge, the later ignorance. Hippocrates
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Deerdude
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8:47a, 3/11/26
Or maybe a quick fix so the wait goes from weeks to days.
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aggiehawg
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In reply to No Spin Ag • 8:54a, 3/11/26
AG
No Spin Ag said:
Dan Scott said:
SPR release likely



Why would this be necessary if we've been told this increase is temporary because the war will be over in a few weeks to a few months and oil prices are going back down?

Or is this being looked at because of polling?

I think you are reading too much into what Burgum said. You are focusing on gas prices. Burgum is looking at supplies, as in shortages. Although we are somewhat immune to worldwide shortages with our domestic production, we aren't bulletproof.
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Dan Scott
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9:12a, 3/11/26
AG
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samurai_science
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In reply to Dan Scott • 9:16a, 3/11/26
Its already dropped

Check his portfolio position before you trust the forecast
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carl spacklers hat
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In reply to backintexas2013 • 9:17a, 3/11/26
backintexas2013 said:
Don't correct warhawks. They know more.

Are these the same as Armchair Generals?
People think I'm an idiot or something, because all I do is cut lawns for a living.
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No Spin Ag
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In reply to aggiehawg • 9:20a, 3/11/26
aggiehawg said:
No Spin Ag said:
Dan Scott said:
SPR release likely



Why would this be necessary if we've been told this increase is temporary because the war will be over in a few weeks to a few months and oil prices are going back down?

Or is this being looked at because of polling?

I think you are reading too much into what Burgum said. You are focusing on gas prices. Burgum is looking at supplies, as in shortages. Although we are somewhat immune to worldwide shortages with our domestic production, we aren't bulletproof.


So working from a different, but equally, if not more, important angle. Got it.
There are in fact two things, science and opinion; the former begets knowledge, the later ignorance. Hippocrates
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LMCane
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9:20a, 3/11/26
Oil currently at $85 right now.


IEA agrees to release 400 million barrels of oil to address Iran war supply disruption
Published Wed, Mar 11 202610:05 AM EDTUpdated 1 Min Ago

The International Energy Agency's 32 member countries agreed to release 400 million barrels of oil to address the Iran war supply disruption.

It is the largest release of emergency stockpiles in the history of the IEA.

IEA members are advanced economies in Europe, North America and Northeast Asia. Japan said earlier it will release oil stockpiles as early as next week.
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