Deep Tide TechFlow News: On March 15, Garrett Jin, the agent of "1011 Inside Whale," stated that the closure of the Strait of Hormuz has entered its 16th day. Since February 27, oil prices have risen by approximately 45%, with Brent crude oil prices exceeding $103 per barrel. Currently, there are no signs of a ceasefire. The Strategic Petroleum Reserve (SPR) may only be able to cover about 12% to 15% of the supply gap. The recommended short-term trading strategy is to go long on crude oil and reduce equity exposure, especially in assets of energy-importing economies such as Japan, South Korea, and Europe. Additionally, in an environment where interest rates, the US dollar, and oil prices are rising simultaneously, overall market liquidity is tightening. Investors should maintain cash positions, shorten durations, and stay alert.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin