Mar. 20 at 11:56 PM
$BRN $SAFX this last move by unsanctioning Iranian oil is about the last move we have to control markets, by trying to lower brent price instead of WTI directly, as we think is has been for the past week, with this consistant 11 million barrel seller on the ask, but now this sanctions news, so that card was just played, of course it was well after oil closes, on a friday, so we will have to see how its turns out, the rumor dropped oil 2% earlier, but we see where we closed, so I personally think the market will sniff it out as this is it, for all attempts to keep the price from getting to real spot price, that is much higher right now, but we will see.
