Market is complacent on Hormuz. ~$100 oil is sustained by temporary SPR draws & EM demand destruction, not a solution. A deal requires more pain for the US/Iran, meaning higher prices are the path of least resistance. The real structural risk is a post-crisis OPEC fracture, as the UAE challenges Saudi dominance, leading to a future price war. US shale response is a rounding error. This is an oil shock, not a systemic '22-style energy crisis.
Yields
NDX
RUT
explicit
Metals
USD
Bloomberg
8.0
Financial Media
Javier Blas 8.5
Financial Media
Javier Blas 8.5
5/18/2026 11:08:09 AM
wti
We are not there yet [at $200], but the stockpile usage cannot go forever. Oil prices may need to go higher to force a resolution.
Blas implies that as strategic reserves deplete and demand destruction is limited to less impactful regions, oil prices will trend upward in the medium term, though not sharply due to ongoing mitigation factors.
| 5/12/2026 6:29:30 PM | short term sharp up | 5 days later | +1.37% | +2.05% |
| 5/12/2026 12:30:42 AM | short term sharp up | 5 days later | +1.37% | +2.05% |
| 5/12/2026 12:28:11 AM | short term sharp up | 5 days later | +1.37% | +2.05% |
| 5/11/2026 2:21:17 PM | short term cautious up | 6 days later | +0.22% | +0.11% |
| 5/11/2026 10:21:17 AM | short term cautious up | 6 days later | +0.22% | +0.11% |
| 5/11/2026 8:25:16 AM | short term sharp up | 6 days later | +0.22% | +0.32% |
| 5/11/2026 7:45:07 AM | short term cautious up | 6 days later | +0.22% | +0.11% |
| 5/8/2026 10:33:30 AM | short term up | 7 days later | +4.42% | +4.42% |
| 5/8/2026 8:52:09 AM | short term sharp up | 7 days later | +4.42% | +6.62% |
| 5/8/2026 8:52:09 AM | short term up | 7 days later | +4.42% | +4.42% |
| 5/7/2026 9:26:20 PM | short term up | 5 days later | +5.87% | +5.87% |
| 5/7/2026 2:41:58 PM | short term cautious down | 5 days later | +5.87% | -2.93% |
| 5/7/2026 10:02:35 AM | short term down | 5 days later | +5.87% | -5.87% |
| 5/7/2026 7:06:33 AM | short term cautious down | 5 days later | +5.87% | -2.93% |
| 5/6/2026 11:23:07 PM | short term cautious up | 5 days later | +7.77% | +3.89% |
| 5/6/2026 7:07:04 AM | short term cautious down | 5 days later | +7.77% | -3.89% |
| 5/5/2026 11:37:18 PM | short term sharp up | 5 days later | +3.14% | +4.72% |
| 5/5/2026 8:51:31 PM | short term sharp up | 5 days later | +3.14% | +4.72% |
| 5/5/2026 10:43:29 AM | short term up | 5 days later | +3.14% | +3.14% |
| 5/5/2026 7:41:33 AM | short term sharp up | 5 days later | +3.14% | +4.72% |
| 5/5/2026 7:41:33 AM | short term sharp up | 5 days later | +3.14% | +4.72% |
| 5/5/2026 6:19:06 AM | short term cautious up | 5 days later | +3.14% | +1.57% |
| 5/5/2026 12:24:00 AM | short term sharp up | 5 days later | +3.14% | +4.72% |
| 5/2/2026 3:08:03 PM | short term sharp up | 7 days later | -7.85% | -11.77% |
| 5/1/2026 3:08:28 PM | short term sharp up | 7 days later | -7.85% | -11.77% |
| 5/1/2026 3:05:47 PM | short term sharp up | 7 days later | -7.85% | -11.77% |
| 5/1/2026 11:35:10 AM | short term sharp up | 7 days later | -7.85% | -11.77% |
| 5/1/2026 9:53:00 AM | short term sharp up | 7 days later | -7.85% | -11.77% |
| 4/30/2026 2:31:00 PM | short term sharp up | 5 days later | -6.73% | -10.09% |
| 4/30/2026 1:25:28 PM | short term sharp up | 5 days later | -6.73% | -10.09% |
| 4/30/2026 10:27:44 AM | short term sharp up | 5 days later | -6.73% | -10.09% |
| 4/30/2026 8:02:59 AM | short term sharp up | 5 days later | -6.73% | -10.09% |
| 4/29/2026 11:30:52 PM | short term up | 5 days later | -2.66% | -2.66% |
| 4/29/2026 2:08:01 PM | short term sharp up | 5 days later | -2.66% | -4.00% |
| 4/29/2026 11:42:11 AM | short term sharp up | 5 days later | -2.66% | -4.00% |
| 4/28/2026 11:31:52 PM | short term sharp up | 5 days later | -0.43% | -0.65% |
| 4/28/2026 8:52:26 AM | short term cautious up | 5 days later | -0.43% | -0.22% |
| 4/27/2026 1:02:38 PM | short term cautious up | 6 days later | +6.49% | +3.25% |
| 4/27/2026 10:29:21 AM | short term cautious up | 6 days later | +6.49% | +3.25% |
| 4/24/2026 3:07:59 PM | short term sharp up | 7 days later | +10.43% | +15.64% |
| 4/24/2026 1:23:43 PM | short term sharp up | 7 days later | +10.43% | +15.64% |
| 4/24/2026 1:18:06 PM | short term sharp up | 7 days later | +10.43% | +15.64% |
| 4/24/2026 11:16:33 AM | short term up | 7 days later | +10.43% | +10.43% |
| 4/24/2026 11:01:37 AM | short term sharp up | 7 days later | +10.43% | +15.64% |
| 4/24/2026 9:53:00 AM | short term sharp up | 7 days later | +10.43% | +15.64% |
| 4/24/2026 9:53:00 AM | short term sharp up | 7 days later | +10.43% | +15.64% |
| 4/24/2026 12:09:41 AM | short term sharp up | 7 days later | +10.43% | +15.64% |
| 4/23/2026 11:26:18 PM | short term up | 5 days later | +13.22% | +13.22% |
| 4/23/2026 10:38:04 PM | short term sharp up | 5 days later | +13.22% | +19.83% |
| 4/23/2026 3:22:50 PM | short term up | 5 days later | +13.22% | +13.22% |
| 4/23/2026 2:06:54 PM | short term up | 5 days later | +13.22% | +13.22% |
| 4/23/2026 10:11:16 AM | short term sharp up | 5 days later | +13.22% | +19.83% |
| 4/23/2026 10:11:16 AM | short term sharp up | 5 days later | +13.22% | +19.83% |
| 4/22/2026 11:35:04 AM | short term cautious up | 5 days later | +4.26% | +2.13% |
| 4/22/2026 7:34:33 AM | short term cautious down | 5 days later | +4.26% | -2.13% |
| 4/22/2026 12:50:22 AM | short term sharp up | 5 days later | +4.26% | +6.38% |
| 4/20/2026 11:58:40 PM | short term down | 6 days later | +4.60% | -4.60% |
| 4/20/2026 7:06:15 PM | short term down | 6 days later | +4.60% | -4.60% |
| 4/18/2026 2:18:29 AM | short term sharp down | 7 days later | +7.54% | -11.32% |
| 4/18/2026 12:01:38 AM | short term sharp down | 7 days later | +7.54% | -11.32% |
| 4/17/2026 4:22:48 PM | short term down | 7 days later | +7.54% | -7.54% |
| 4/13/2026 7:26:30 PM | short term up | 6 days later | -1.83% | -1.83% |
| 4/13/2026 7:26:30 PM | short term sharp up | 6 days later | -1.83% | -2.74% |
| 4/13/2026 7:26:30 PM | short term up | 6 days later | -1.83% | -1.83% |
| 4/13/2026 7:00:27 PM | short term up | 6 days later | -1.83% | -1.83% |
| 4/13/2026 2:27:08 PM | short term sharp up | 6 days later | -1.83% | -2.74% |
| 4/12/2026 7:34:52 PM | short term sharp up | 7 days later | -9.56% | -14.34% |
| 4/12/2026 3:41:23 PM | short term up | 7 days later | -9.56% | -9.56% |
| 4/12/2026 3:41:14 PM | short term up | 7 days later | -9.56% | -9.56% |
| 4/10/2026 10:10:32 PM | short term up | 7 days later | -9.56% | -9.56% |
| 4/10/2026 3:55:23 PM | medium term up | 21 days later | +7.41% | +7.41% |
| 4/10/2026 1:31:13 PM | medium term up | 21 days later | +7.41% | +7.41% |
| 4/10/2026 12:31:57 AM | short term cautious up | 7 days later | -9.56% | -4.78% |
| 4/6/2026 10:30:45 PM | medium term cautious down | 20 days later | -14.68% | +7.34% |
| 4/6/2026 7:54:23 PM | medium term up | 20 days later | -14.68% | -14.68% |
| 4/4/2026 7:49:11 PM | medium term cautious down | 21 days later | -14.27% | +7.13% |
| 4/3/2026 3:02:21 AM | short term sharp up | 7 days later | -11.86% | -17.79% |
| 4/3/2026 12:36:51 AM | short term sharp up | 7 days later | -11.86% | -17.79% |
| 3/30/2026 3:30:54 PM | short term cautious up | 6 days later | +10.88% | +5.44% |
| 3/30/2026 2:09:27 PM | medium term sharp up | 20 days later | -11.61% | -17.41% |
| 3/30/2026 2:04:13 PM | short term sharp up | 6 days later | +10.88% | +16.32% |
| 3/30/2026 8:40:46 AM | short term sharp up | 6 days later | +10.88% | +16.32% |
| 3/29/2026 5:07:24 PM | short term up | 7 days later | +9.26% | +9.26% |
| 3/28/2026 6:03:36 PM | short term up | 7 days later | +9.26% | +9.26% |
| 3/27/2026 11:07:21 PM | short term sharp up | 7 days later | +9.26% | +13.89% |
| 3/27/2026 11:59:23 AM | short term sharp up | 7 days later | +9.26% | +13.89% |
| 3/27/2026 2:00:21 AM | short term sharp up | 7 days later | +9.26% | +13.89% |
| 3/25/2026 10:52:54 AM | short term down | 5 days later | +7.30% | -7.30% |
| 3/23/2026 9:56:47 AM | short term cautious up | 6 days later | +11.40% | +5.70% |
| 3/20/2026 4:06:06 PM | short term sharp up | 7 days later | +16.74% | +25.10% |
| 3/20/2026 2:30:40 AM | short term up | 7 days later | +16.74% | +16.74% |
| 3/13/2026 9:25:35 PM | medium term sharp up | 21 days later | +20.22% | +30.34% |
| 3/13/2026 6:57:37 PM | short term cautious up | 7 days later | -5.74% | -2.87% |
| 3/13/2026 6:57:37 PM | short term cautious up | 7 days later | -5.74% | -2.87% |
| 3/13/2026 9:59:21 AM | short term sharp up | 7 days later | -5.74% | -8.61% |
| 3/11/2026 10:09:41 PM | short term sharp up | 5 days later | +0.50% | +0.75% |
| 3/10/2026 9:18:14 AM | medium term up | 20 days later | +16.19% | +16.19% |
| 3/10/2026 2:38:02 AM | medium term down | 20 days later | +16.19% | -16.19% |
| 3/10/2026 12:08:58 AM | short term up | 5 days later | +7.16% | +7.16% |
| 3/9/2026 6:46:13 PM | medium term sharp up | 20 days later | +23.28% | +34.93% |
| 3/9/2026 2:08:40 PM | short term sharp up | 6 days later | +12.04% | +18.06% |
| 3/9/2026 10:03:43 AM | short term sharp up | 6 days later | +12.04% | +18.06% |
| 3/9/2026 10:03:43 AM | short term up | 6 days later | +12.04% | +12.04% |
| 3/9/2026 8:28:21 AM | short term sharp up | 6 days later | +12.04% | +18.06% |
| 3/9/2026 6:55:49 AM | short term sharp up | 6 days later | +12.04% | +18.06% |
| 3/8/2026 3:01:00 AM | short term up | 7 days later | -1.34% | -1.34% |
| 3/5/2026 10:50:58 PM | short term sharp up | 5 days later | -4.02% | -6.02% |
| 3/5/2026 2:02:48 PM | short term up | 5 days later | -4.02% | -4.02% |
| 3/4/2026 2:05:06 PM | short term sharp up | 5 days later | +3.01% | +4.52% |
| 3/4/2026 5:43:12 AM | short term cautious down | 5 days later | +3.01% | -1.51% |
| 3/3/2026 10:53:30 AM | short term up | 5 days later | +26.94% | +26.94% |
| 3/3/2026 8:39:08 AM | short term sharp up | 5 days later | +26.94% | +40.40% |
| 3/2/2026 8:34:28 PM | medium term down | 20 days later | +18.20% | -18.20% |
| 2/25/2026 9:27:27 AM | short term cautious up | 5 days later | +14.34% | +7.17% |
| 2/20/2026 2:32:12 PM | short term cautious up | 7 days later | +7.42% | +3.71% |
| 2/20/2026 10:59:11 AM | short term up | 7 days later | +7.42% | +7.42% |
| 2/19/2026 11:46:00 PM | short term cautious up | 5 days later | -1.46% | -0.73% |
| 2/19/2026 10:55:34 PM | medium term cautious down | 20 days later | +44.19% | -22.10% |
| 2/11/2026 10:46:14 PM | short term up | 5 days later | -0.81% | -0.81% |
| 2/2/2026 10:10:47 AM | short term down | 6 days later | +1.82% | -1.82% |
| 2/2/2026 10:10:47 AM | short term down | 6 days later | +1.82% | -1.82% |
| 1/30/2026 6:19:23 AM | short term cautious up | 7 days later | +3.57% | +1.79% |
| 1/29/2026 9:02:44 PM | medium term cautious down | 20 days later | +1.87% | -0.94% |
| 1/20/2026 6:00:07 PM | short term up | 5 days later | +0.02% | +0.02% |
| 1/16/2026 7:33:17 PM | short term sharp up | 7 days later | +2.02% | +3.03% |
| 1/12/2026 6:04:30 PM | medium term down | 20 days later | +1.62% | -1.62% |
| 1/10/2026 2:50:05 AM | medium term down | 21 days later | +4.44% | -4.44% |
| 1/9/2026 6:25:43 AM | short term cautious down | 7 days later | -0.12% | +0.06% |
| 1/7/2026 9:00:08 PM | short term cautious down | 5 days later | +5.87% | -2.93% |
| 12/22/2025 11:02:38 PM | short term cautious down | 6 days later | -0.51% | +0.26% |
| 12/22/2025 9:48:16 PM | short term up | 6 days later | -0.51% | -0.51% |
| 12/22/2025 7:55:54 AM | long term down | 62 days later | +13.58% | -13.58% |
| 12/19/2025 10:53:44 PM | medium term down | 21 days later | +2.57% | -2.57% |
| 12/19/2025 9:48:49 PM | short term up | 7 days later | +0.12% | +0.12% |
| 12/18/2025 9:42:38 PM | short term down | 5 days later | +2.98% | -2.98% |
| 12/18/2025 1:08:16 PM | short term cautious up | 5 days later | +2.98% | +1.49% |
| 12/17/2025 2:09:01 PM | short term cautious down | 5 days later | +3.97% | -1.99% |
| 12/16/2025 11:40:23 PM | short term sharp down | 5 days later | +3.70% | -5.55% |
| 12/16/2025 11:22:24 PM | medium term sharp down | 20 days later | +2.13% | -3.19% |
| 11/24/2025 10:29:53 AM | long term cautious down | 62 days later | +4.62% | -2.31% |
| 10/23/2025 2:05:44 PM | short term sharp up | 5 days later | -1.66% | -2.49% |
| 10/22/2025 11:01:29 PM | short term cautious down | 5 days later | -2.65% | +1.33% |
| 10/21/2025 9:16:26 PM | short term cautious down | 5 days later | +4.80% | -2.40% |
| 10/20/2025 6:00:17 PM | short term cautious down | 6 days later | +6.04% | -3.02% |
| 9/30/2025 11:07:33 PM | short term down | 5 days later | -0.15% | +0.15% |
| 9/30/2025 7:44:54 AM | short term cautious down | 5 days later | -0.15% | +0.07% |
| 9/29/2025 7:07:25 AM | short term cautious down | 6 days later | -1.09% | +0.55% |
| 9/29/2025 7:07:25 AM | short term down | 6 days later | -1.09% | +1.09% |
| 9/24/2025 7:52:42 AM | short term up | 5 days later | -4.02% | -4.02% |
| 9/19/2025 10:47:12 AM | short term down | 7 days later | +1.29% | -1.29% |
| 9/9/2025 8:33:16 PM | short term up | 5 days later | -0.58% | -0.58% |
| 9/8/2025 11:19:17 PM | short term up | 6 days later | +1.07% | +1.07% |
| 9/8/2025 11:11:54 AM | short term cautious up | 6 days later | +1.07% | +0.53% |
| 9/8/2025 8:18:05 AM | short term down | 6 days later | +1.07% | -1.07% |
| 9/5/2025 10:16:54 AM | short term down | 7 days later | +1.67% | -1.67% |
| 9/5/2025 7:27:44 AM | medium term cautious down | 21 days later | +1.91% | -0.96% |
| 9/4/2025 11:19:15 AM | short term down | 5 days later | +2.91% | -2.91% |
| 8/18/2025 11:10:24 PM | short term up | 6 days later | +3.93% | +3.93% |
| 8/15/2025 11:21:59 PM | short term down | 7 days later | +2.18% | -2.18% |
| 8/14/2025 11:46:57 PM | short term up | 5 days later | +0.65% | +0.65% |
| 8/11/2025 10:07:32 AM | short term cautious down | 6 days later | +0.40% | -0.20% |
| 8/8/2025 8:23:48 PM | short term down | 7 days later | -0.84% | +0.84% |
| 8/8/2025 10:13:14 AM | short term sharp down | 7 days later | -0.84% | +1.27% |
| 8/5/2025 10:44:07 AM | short term down | 5 days later | -0.61% | +0.61% |
| 8/4/2025 11:29:13 PM | short term down | 6 days later | -1.84% | +1.84% |
| 8/4/2025 9:08:09 PM | short term cautious down | 6 days later | -1.84% | +0.92% |
