u/PalaMayne · 118d agono track record yet
Shorting oil
Author is shorting oil due to a dual-pressure thesis: surging supply from Iran (Hormuz reopening), Venezuela, US shale, and potentially Russia (via Ukraine resolution), combined with structurally moderating demand driven by EV adoption, energy efficiency, and China's shift toward alternatives and self-reliance. The resulting oversupply should drive crude prices lower over several years.
At post $111.26Now $152.00+36.6% since postedas of Oct 13, 12:31 PM ET
1d-4.5%
3d-5.2%
1w-4.3%
1m+25.4%
3m+33.2%
6m—
1y—