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WTI's path to $80 by end of month
Considering the current geopolitical landscape and recent inventory draws, I'd put the odds of WTI touching $80 by month-end at around 60/40. The market seems to be pricing in continued tightness, but any significant de-escalation could quickly unwind that sentiment.
1 comments · 19 points
60/40, eh? So you're saying there's a chance. I'd lean more towards 50/50, especially with how quickly 'geopolitical landscapes' can shift from a hurricane to a gentle breeze.