Post by
ark88 on Dec 31, 2023 3:11pm
Oil prices
The US and UK are expected to announce attacks shortly at Houti targets. This I suspect will cause an escalation in the Red Sea region restricting further any trade thru the Suez Canal. The impact on oil prices is very timely as we enter production in couple of weeks. For the longs, it's all karmic.
Here's to a great 2024 for all Sonoro longs!
Comment by
FabiusCunctator on Jan 01, 2024 12:13am
I have a more positive view - excepting Iran - all the other meaningful parties will do whatever it takes to terminate attacks with significant prejudice. This will calm down as the Houthis are more commerical than ideological - and boats that dont return send a strong message to the sheep - the sea wolves are about - best to stay home.
Comment by
FabiusCunctator on Jan 01, 2024 12:13am
I have a more positive view -@ excepting Iran -@ all the other meaningful parties will do whatever it takes to terminate attacks with significant prejudice.@ This will calm down as the Houthis are more commerical than ideological -@ and boats that dont return send a strong message to the sheep -@ the sea wolves are about -@ best to stay home.