#OIL – $90 DECIDES EVERYTHING 🛢️
As of Now
#OIL is sitting at a HISTORICAL inflection point.
📌 A close above $90 War is Real
📌The white channel rejection = Means Noise.
🌍 Macro Reality:
This isn’t COVID demand destruction. This is potential SUPPLY constriction.
▫️Venezuela flows pressured
▫️Iran tightening possible cutting off Chinese from Iranian Oil Supply.
▫️GCC aligned with U.S.
▫️Geopolitical premium rising
💡If China loses access to major barrels…..Where does supply come from?
▫️Strategic reserves? Temporary.
▫️Spot market? Expensive.
▫️Russia? Limited flexibility.
🎲This is a cal