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Wait until CL reaches 120 to clear these two oil tickets. Don't say it's just half a year's worth of oil fees; even 10 years' worth of oil fees will be out.
Since the start of the Iran-U.S. war, I have been recommending oil stocks.
On March 3rd, I posted about ConocoPhillips and Petrobras, and so far:
ConocoPhillips 117-135, a 16% increase
Petrobras 16.7-20.8, a 25% increase
Latest news on the situation:
The conflict isn't about negotiations; Iran has announced a complete blockade of the Strait of Hormuz.
They shelled a cruise ship, and this morning, the U.S. and Israel launched their largest airstrike recently, bombing Tehran, Iran's capital.
Investments must hit the right momentum; as long as the wind keeps blowing, the tree keeps growing.
Speculation only requires one short position and one long position. If the situation changes, retreat! $XTIUSD $XTIUSD