律动BlockBeats
律动BlockBeats|Mar 08, 2026 02:06
['BTC OG Insider Whale' Representative: If Supply Shock Persists, Oil Prices May Face Greater Upward Pressure] BlockBeats News, March 8, Garrett Jin, the representative of the 'BTC OG Insider Whale,' posted on the X platform, stating that historically, there is a clear correlation between oil supply gaps and oil price increases: a supply gap of about 7% in 1973 drove oil prices up by approximately 300%, a gap of about 5% in 1979 drove prices up by about 150%, and a gap of about 6% in 1990 drove prices up by about 130%. Currently, the potential supply shock scale surrounding the Strait of Hormuz is about 15%, far exceeding historical cases. Most institutional models currently assume that this shock will last only 'a few days to a few weeks,' but almost no models anticipate that the shock could last for months. In fact, once the market consensus on the duration is broken, more long positions may be forced into the market, further driving up oil prices.
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