The Feed / OIL / #007194
BUY · OIL

Buy OIL by Sep 2, 2026.

L
Leveraged_Lotsreddit
via r/wallstreetbets
· Published Jun 3, 2026 22:23 · Valid until Sep 2, 2026 · ACTIVE
Entry
Now
$28.42
Target
Score
Hey, I'm an oil-nerd but also a moron so I'm almost certainly wrong, if you feel bullish after reading, take a short position, that is financial advice. Two things, firstly the current US administration has essentially blown up the oil futures market due to the unprecedented level of headline driven volatility, secondly SPR-flooding, global strategic petroleum reserves have all been drawn down to combat the shortfall in crude via the Strait of Hormuz. The Oxford Institute for Energy Studies (OIES) …
— ORIGINAL POST · An attempt to answer the question, why is oil still ~$100/bbl? · r/wallstreetbets · Jun 3, 2026