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REDDIT

Oil a good play right now?

M
Jun 19, 2026 · 22:10

Feels so artificially low sub $85 a barrel. 90 day or 180 day play? Who is making moves in oil what are you looking to place ? I’m going in strong this level and lower over the next 60 days l. The US will continue to have to draw into the SPR to keep prices this low which can’t last forever meanwhile giving Iran all the control to back out of this deal at the end of 60 days. Assuming it would take12-18 months for liquid floating reserves to circulate in the way of full tankers out of the straight to replenish and SPR hits would assume this alone to be enough to push $100+ a barrel again