'1011 Insider Whale' Agent: Most People Misinterpret Oil Price Trends, Current Price Dislocation is a Structural Issue
星球日报|3月 18, 2026 14:27
Odaily Planet Daily reports that '1011 Insider Whale' agent Garrett Jin posted on the X platform, stating that most people misinterpret the direction of oil prices. While Brent Crude ($106) and WTI Crude ($95) prices appear 'manageable,' this is merely an illusion in the Atlantic Basin. The real market pressure lies in the Dubai and Oman regions, where local oil prices have approached $155. The crude oil market flowing through the Strait of Hormuz to Asia is the key. The current price dislocation is a structural issue rather than a short-term fluctuation. (Note: 'The illusion of the Atlantic Basin' refers to the seemingly stable oil prices in the West, while global, especially Asian, supply pressures are immense, with actual market tensions being concealed.)
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