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TARGET · OIL

OIL → $100.00 by Jun 27, 2026.

I
IncomeFramereddit
via r/wallstreetbets
· Published Mar 29, 2026 00:04 · Valid until Jun 27, 2026 · FAILURE
Entry
$28.42
Final
$28.42 +0.0%
Target
$100.00
Score
+0.00
**TL;DR:** Oil CEOs are basically saying the market is clueless. The Strait of Hormuz shutdown is a massive real supply shock, not just fear. We’re talking 8 to 10 million barrels per day gone along with a huge LNG hit, leading to fuel shortages already hitting Asia with Europe next. Oil around 100 dollars is not the top, it is the new floor. Even if the war ends, prices stay elevated because supply takes months to recover.
— ORIGINAL POST · How the big oil and gas CEOs think the Iran war supply disruption will play out · r/wallstreetbets · Mar 29, 2026