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The US Petroleum reserve continue to get drained, with last week's drawdown estimated at 5.5m barrels, pushing total inventories to 325m a level not seen since 1983.
The depletion pace is slowing, but refilling will require several months, which makes me wonder if there is some form of manipulation to hold oil prices down.
Theoretically this combined with the straights of hormuz disruptions should easily have Oil trading above $120 per barrel.
The technicals suggest Oil will bounce between $68-$73, the question is whether that leads to a lower high or a macro higher low & trades back to new highs later this year.
The depletion pace is slowing, but refilling will require several months, which makes me wonder if there is some form of manipulation to hold oil prices down.
Theoretically this combined with the straights of hormuz disruptions should easily have Oil trading above $120 per barrel.
The technicals suggest Oil will bounce between $68-$73, the question is whether that leads to a lower high or a macro higher low & trades back to new highs later this year.
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TON Ventures- and Hack VC-Backed TAC Plunges Over 90% in 15 Minutes
Binance Alpha token TAC plunged more than 90% within 15 minutes, falling to around $0.0067. TAC was first listed on Binance Alpha and Binance Futures in July 2025. The project is backed by TON Ventures and investors including Hack VC, Animoca Ventures, Symbolic Capital and Spartan Group, and is building an EVM-compatible blockchain for the TON and Telegram ecosystem.
Binance Alpha token TAC plunged more than 90% within 15 minutes, falling to around $0.0067. TAC was first listed on Binance Alpha and Binance Futures in July 2025. The project is backed by TON Ventures and investors including Hack VC, Animoca Ventures, Symbolic Capital and Spartan Group, and is building an EVM-compatible blockchain for the TON and Telegram ecosystem.
🇺🇸🇮🇷 President Trump says he ordered the US military to "completely decimate and destroy all areas of Iran" if he is assassinated.
"1000 Missiles are Locked and Loaded and aimed at the Islamic Republic of Iran."
"1000 Missiles are Locked and Loaded and aimed at the Islamic Republic of Iran."
People will happily buy at all time highs but won’t touch it at these moments.
Market psychology is beautiful. It’s also the quiet reason most people stay poor their entire life.
@Trendavi✅
Market psychology is beautiful. It’s also the quiet reason most people stay poor their entire life.
@Trendavi
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🚨 CRASH IN JAPAN 🚨
$200 billion has been wiped from the Japanese stock market as the Nikkei plunges 2.3% from its intraday highs.
It's happening again...
$200 billion has been wiped from the Japanese stock market as the Nikkei plunges 2.3% from its intraday highs.
It's happening again...
JUST IN: 🇷🇺 Russia bans crypto mining in Moscow and surrounding regions until 2032.
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