Oil will be high for a while

[Swordsoffreedom]

I wonder when the USA will announce that it will supply the world with its oil that shall be paid in US dollars if the tension in the Hormuz continues and doesn't show a sign of ending.

They have already done it, and that is how they became superpower

The United States has been the world's largest oil producer for decades, and the entire world uses the USD to trade oil (the petrodollar empire). The conflict in the Middle East erupted because Iran and China were trying to break the monopoly of petrodollar empire

Do not think that the United States will benefit if the Strait of Hormuz remain closed for an extended period. Contrary to Trump’s claim, the United States will also be significantly affected. In particular, the closure of the strait is affecting demand for the USD.

[beej]

Oil prices throughout the years have always been on
the rise, we can assume that its determined to rise
up as the demand for it has never dwindled or even
lessened since it’s global success in multiple industries
and various economies. Countries with oil reserves and
mines have now been viewed as a power nation in terms
of wealth and resources. It’s liquid gold. War and conflict
will always go side by side with it and somehow it also
fuels it.

[Lida93]

That's right, the oil price is not going to come down easily again, and this is big opportunity for those that benefit from hike in oil price. In some regions many politicians and other beneficiaries are secretly supporting that fuel price should continue rising and that is why even when war stops and everything becomes normal, still it's will be very hard for it price to return to normal.

In addition, we can not predict when this war will stop, as a result of that, affected region may face oil shortage for long time because of how this war keep escalating every blessed day because they haven't reach permanent negotiation up till now.

It's not about the companies, it's about the re.
Damage to the oil infrastructure has been extensive, and it will take years to repair. In the menatime the price of oil will surely be elevated, at least in some specific regions, as Europe, for sure, that relies on Arab and... drumroll... Russian Oil.

We should be rest assured that the price of oil won't come back to normalcy just immediately or sooner after the end of this war because a lot of these companies has devised other means to survive that have cost them too much damage and would really need to recover what they have spent even after all of this shortage of oil troubles may have ended. But one thing that's sure is that the oil sector would never remain same as a lot changes would be incorporated towards making for proactive solutions, peradventure such war resurfaces in future.

[Doll2233]

Oil prices throughout the years have always been on
the rise, we can assume that its determined to rise
up as the demand for it has never dwindled or even
lessened since it’s global success in multiple industries
and various economies. Countries with oil reserves and
mines have now been viewed as a power nation in terms
of wealth and resources. It’s liquid gold. War and conflict
will always go side by side with it and somehow it also
fuels it.

Oil prices depends on the supply and demand and availability of oil and there was no oil in  the World during the War because people faced trouble in the War. People are died during the War and after that petrol prices are up in the market and people are afraid of depression in the market and people want to make the price of oil stabe and if there will be high price increase of oil then there will be change in economy of the World. Iran are applying all kinds of things which will make them secure on the World and USA don't want to see them strong and that is reason they are giving full effort to destroy them and they want to take hold of that country. If they will take the hold of that country they will have all kinds of resources to be dominant on the World.

[leonair]

Oil prices throughout the years have always been on
the rise, we can assume that its determined to rise
up as the demand for it has never dwindled or even
lessened since it’s global success in multiple industries
and various economies. Countries with oil reserves and
mines have now been viewed as a power nation in terms
of wealth and resources. It’s liquid gold. War and conflict
will always go side by side with it and somehow it also
fuels it.

Oil prices depends on the supply and demand and availability of oil and there was no oil in  the World during the War because people faced trouble in the War. People are died during the War and after that petrol prices are up in the market and people are afraid of depression in the market and people want to make the price of oil stabe and if there will be high price increase of oil then there will be change in economy of the World. Iran are applying all kinds of things which will make them secure on the World and USA don't want to see them strong and that is reason they are giving full effort to destroy them and they want to take hold of that country. If they will take the hold of that country they will have all kinds of resources to be dominant on the World.

Oil is something that is used all over the world and the world cannot function without it. So when a country is unable to supply its total demand for oil, it will automatically increase. Ever since Iran closed the Strait of Hormuz, people around the world have been panicking. Although a country's oil reserves are 90 days or more, countries that are not developed cannot even keep a 90-day reserve. Meanwhile, Iran has been closing the Strait of Hormuz for a long time, so the demand for oil in the whole world is not being met. So the price of oil has automatically started increasing. It can become even bigger if Iran does not open the Strait of Hormuz.

[AgriTrack]

No one knows when their negotiations are going to happen again. The Strait is closed immediately when they didn't had an agreement. They want to prolong this war, they want to make the inflation higher but when people just get used to this, life continues and goes on. But the price of everything is already priced in and will become more expensive. 1-3 jobs won't be enough to survive and the hardworking won't be able to afford an apartment and the rent. I wish that the leaders on top of this war will see the commoners suffer with their conflict.

It can be inferred from this that oil prices are not going to come down that quickly. It will take some time, which depends on the global economy and the situation. When the demand for oil increases, such as when vehicles are running more or when energy consumption increases due to cold and heat, prices go up. Just as there have been situations of war, if there are conflicts between oil producing countries, this also affects the price of oil. the government increases taxes and due to this, the people are getting oil at a high price. As the situation is going on, prices are not expected to come down soon, due to which the people will have to buy oil at a high price. This has also made transport expensive and people will have to face such situations.

[Crypto Library]

No one knows for how long this war can go on. It can be weeks or months. But a lot of people seem to think that once the war ends, everything will go back to normal. That is not the case. Oil prices are going up now and for every day that companies struggle to operate, the closer they are to bankruptcy. Maybe the big companies would be fine but even them are struggling. To expect that once the war ends, everything will go back to how it was before would be foolish. It will take a while for everything to go down low, if things were to bounce back to what we used to consider normal.

Even I thought that the price of Crude Oil would be above $100 according to the current situation but there we can see it falling below $100.

But yes of course due to the war situation we can still see a huge gap of $40 per barrel in the price of oil like before the war started the price of a barrel of Crude oil was around $65 which has now increased to around $96.7. And yes it is of course normal that the price of oil may remain like this until the situation in the Strait of Hormuz is normal, rather if the war escalates further then the price of a barrel may increase further. I saw that the USA navy has seized millions of dollars worth of Iranian oil, now it depends on how Iran reacts to this.

[Cookdata]

It can be inferred from this that oil prices are not going to come down that quickly. It will take some time, which depends on the global economy and the situation. When the demand for oil increases, such as when vehicles are running more or when energy consumption increases due to cold and heat, prices go up. Just as there have been situations of war, if there are conflicts between oil producing countries, this also affects the price of oil. the government increases taxes and due to this, the people are getting oil at a high price. As the situation is going on, prices are not expected to come down soon, due to which the people will have to buy oil at a high price. This has also made transport expensive and people will have to face such situations.

Cost of energy doesn't have alternative, the renewable energy are not sustainable and most can't match industrial scale, if this remain the same expect cost of increase in energy and the more this increase, expect increase other things because this has direct impact on cost of production. You haven't consider the cost of energy on health sector, that's enough to drive things crazy, hospitals depend on steady engery for some patient to survive, without it many will die.

There is huge disparity in circulation of crude in some part of the world and as long as this isn't balance, expect the price to remain upward but don't forget the influence of OPEC. Until there is excess supply when other place with shortage can have enough, then people that are hoarding their reserve will be force to sell to quickly avoid losses on their old stock. As long as the war continues, the market will be full with sentiment and speculation, the price will likely go up but this is not to be related with futures market.

[Fredomago]

How long do you think it will take for everything to be normal?

Imo, this will depend on the scale of the war, its duration, and the consequences it causes.

If the war spread and draws many countries into it, or if it lasts for many year and the Hormuz sea route is blockaded for an extended period. Worse still, oil production facilities in the Middle East were largely destroyed. If that happen, it could take a decade for the economy to return to normal. Conversely, if the war had ended sooner, thing would have recovered more quickly.

It will be the worse if this war escalate,
I can only imagine what will become of the victims that will suffer, as a matter of fact it will affect every one, because oil is a global resources that is needed for daily life

If this war escalates to more distroying and demolishing, to the extent of affecting oil production facilities, we are definitely cooked, I can only hope that it doesn't escalates more than this, I hope something can stop it even if it is as little as the world cup that will take place this year.

The after effect will be more damaging as most of the places needs oil and with what is happening it's preventing the distributions, and those countries which is leaning to this one are also suffering, if this war will continue and if more worse things happen between those countries who are declaring their position it's not them but most places are going to suffer it's affects the economy as each rise from oil reflect to the needs and it's a domino effects.

[Barcode_]

With Donald Trump and Iran both not willing to go into negotiation with their own terms and conditions on the table to discuss about ending the war in Iran and opening the Strait of Hormuz. This worst world oil crisis in history is only going to make oil getting more expensive with every single day the Strait of Hormuz remains closed. It also kind of makes me wonder how Donald Trump are gonna get out of this sticky situation when he himself are also requesting the US Navy to blockade the Strait of Hormuz too and I personally don't think the blockade will force Iran to go into negotiation agreeing every terms and conditions the Trump administration team demands from Iran.

[bubilas]

Today is the most important day of the month.
The main drivers are the Fed's decision, US megatech earnings, and the ongoing oil shock from the Middle East.
The market currently appears calmer than it should have with Brent above $110. Oil is rising again on fears of supply disruptions. For now, the market is interpreting the rise in oil prices as a managed supply shock, not a systemic inflation crisis. The problem will begin if Brent consolidates above $115 and begins to put pressure on inflation expectations. Then it will be more difficult for the Fed to maintain a soft line. This is an important signal: the market fears that expensive oil will force the Fed to remain tight.

[imthegreat]

Today is the most important day of the month.
The main drivers are the Fed's decision, US megatech earnings, and the ongoing oil shock from the Middle East.
The market currently appears calmer than it should have with Brent above $110. Oil is rising again on fears of supply disruptions. For now, the market is interpreting the rise in oil prices as a managed supply shock, not a systemic inflation crisis. The problem will begin if Brent consolidates above $115 and begins to put pressure on inflation expectations. Then it will be more difficult for the Fed to maintain a soft line. This is an important signal: the market fears that expensive oil will force the Fed to remain tight.

The price of fixed-dated Brent crude, a key benchmark in the oil market, rose sharply today, but the curve is gradually recovering as concerns about potential supply disruptions remain high and persistent. The stock market couldn't care less. They're counting on everything to turn out well, as markets mostly trade, yes, future events. Overall, despite the utter chaos, the almost unprecedented Fed split, and the rapid rise in oil prices, Bitcoin is holding up well. It hasn't broken the 75,000 mark and has risen to 76,000.

[colinistheman]

With Donald Trump and Iran both not willing to go into negotiation with their own terms and conditions on the table to discuss about ending the war in Iran and opening the Strait of Hormuz. This worst world oil crisis in history is only going to make oil getting more expensive with every single day the Strait of Hormuz remains closed. It also kind of makes me wonder how Donald Trump are gonna get out of this sticky situation when he himself are also requesting the US Navy to blockade the Strait of Hormuz too and I personally don't think the blockade will force Iran to go into negotiation agreeing every terms and conditions the Trump administration team demands from Iran.

We need to wait and see what happen next and how Iran respond to that blockade. But the truth is that the US blockade of the Strait of Hormuz is causing serious economic damage to Iran. If this situation continues, Iran will be in serious trouble because oil is its most important source of income. If they lose this source of revenue, they will not have enough funds to sustain the war against the US.

[Zanab247]

With Donald Trump and Iran both not willing to go into negotiation with their own terms and conditions on the table to discuss about ending the war in Iran and opening the Strait of Hormuz. This worst world oil crisis in history is only going to make oil getting more expensive with every single day the Strait of Hormuz remains closed.

Since the two countries citizens is experiencing what inflation is causing to make the price of oil to double up, i guess the two government will call themselves to advise to allow peace to reign, because the crisis is affecting other countries economy which many leaders will like to switch into the matter to resolve it so that there will be peace and progress in world economy.

Is like some countries know what will happen in the future that make them to start producing some machine that will be operating without using oil, and such countries that manufacture such machine in their various countries will not going to experience what other countries are experiencing now since this war between Iran vs USA started.

[virasog]

We should be rest assured that the price of oil won't come back to normalcy just immediately or sooner after the end of this war because a lot of these companies has devised other means to survive that have cost them too much damage and would really need to recover what they have spent even after all of this shortage of oil troubles may have ended. But one thing that's sure is that the oil sector would never remain same as a lot changes would be incorporated towards making for proactive solutions, peradventure such war resurfaces in future.

The US-IRAN war isn't going to be over anytime soon and even if the tensions are lessened, the effects of it will be long-lasting ones, and oil prices are hard to come down to the level they were when there was no war or escalations. Also, this is for the first time, the whole world is affected by this war.

This war has totally changed the world, and now many countries are thinking in other directions on how to secure their oil and economy in uncertain situations such as these we are currently experiencing.

[bubilas]

Today is the most important day of the month.
The main drivers are the Fed's decision, US megatech earnings, and the ongoing oil shock from the Middle East.
The market currently appears calmer than it should have with Brent above $110. Oil is rising again on fears of supply disruptions. For now, the market is interpreting the rise in oil prices as a managed supply shock, not a systemic inflation crisis. The problem will begin if Brent consolidates above $115 and begins to put pressure on inflation expectations. Then it will be more difficult for the Fed to maintain a soft line. This is an important signal: the market fears that expensive oil will force the Fed to remain tight.

The price of fixed-dated Brent crude, a key benchmark in the oil market, rose sharply today, but the curve is gradually recovering as concerns about potential supply disruptions remain high and persistent. The stock market couldn't care less. They're counting on everything to turn out well, as markets mostly trade, yes, future events. Overall, despite the utter chaos, the almost unprecedented Fed split, and the rapid rise in oil prices, Bitcoin is holding up well. It hasn't broken the 75,000 mark and has risen to 76,000.

Look at ETF. It must be said that the week started off terribly. We saw major players begin to dump. But on May 1st, all the institutional gains were mitigated, and the week turned positive. The energy shock caused by the war with Iran may have already begun to cloud the US economic outlook, but the labor market shows no sign of it yet. Analysts believe the April employment report released on Friday will show strong job growth. We'll see. Trump is stirring up a lot of trouble, even with the news of tariff promotions for Europe, and I'm surprised he's managing to do everything at his age.
As for Bitcoin, ETF flows are probably the most important news right now.