General Discussion

Norbert

(7,844 posts) Mon Apr 13, 2026, 07:19 AM Apr 13

Oil Prices

This morning as of 7:15 Edt:

Crude $103.88 +7.47%
Brent $102.02 +7.13%

I can't remember the last time Brent was less than Crude.

Anyway, it looks like a bad beginning of the week for the markets, maybe.

8 replies

= new reply since forum marked as read

Highlight:

Oil Prices (Original Post) Norbert Apr 13 OP

Only bad if you didn't have advanced knowledge WSHazel Apr 13 #1

Dow futures -202.00. boonecreek Apr 13 #2

Crude oil should be $150/barrel or higher gab13by13 Apr 13 #3

Last week Brent was less than WTI gab13by13 Apr 13 #4

Brent is a higher grade of oil. multigraincracker Apr 13 #8

Dow futures now -475 @7:50 EDT Roy Rolling Apr 13 #5

Where is all that Venezuelan oil Delarage Apr 13 #6

WTI ("crude") is quoted for May futures, Brent for June GreatGazoo Apr 13 #7

WSHazel

(810 posts)

1. Only bad if you didn't have advanced knowledge

Reply to Norbert (Original post)

Mon Apr 13, 2026, 07:28 AM

Apr 13

Trump World knew, and certainly traded on it.

It is possible that the Iranian and Trump regimes are working together to manipulate markets.

Expect a revised tweet in the next few days narrowing the blockade.

boonecreek

(1,553 posts)

2. Dow futures -202.00.

Reply to Norbert (Original post)

Mon Apr 13, 2026, 07:32 AM

Apr 13

S&P -34.00 and NASDAQ -129.25.

https://www.cnn.com/markets/premarkets

gab13by13

(32,675 posts)

3. Crude oil should be $150/barrel or higher

Reply to Norbert (Original post)

Mon Apr 13, 2026, 07:49 AM

Apr 13

gab13by13

(32,675 posts)

4. Last week Brent was less than WTI

Reply to Norbert (Original post)

Mon Apr 13, 2026, 07:50 AM

Apr 13

multigraincracker

(37,975 posts)

8. Brent is a higher grade of oil.

Reply to gab13by13 (Reply #4)

Mon Apr 13, 2026, 08:38 AM

Apr 13

Easier to refine.

Roy Rolling

(7,684 posts)

5. Dow futures now -475 @7:50 EDT

Reply to Norbert (Original post)

Mon Apr 13, 2026, 07:54 AM

Apr 13

Weak opening so far. I don’t think any money manager not part of the kleptocracy believes Trump. They know ETTD, just like it was certain sending Vance to Hungary would curse Orban.

The markets will soon adjust to reflect that uncertainty.

Delarage

(2,613 posts)

6. Where is all that Venezuelan oil

Reply to Norbert (Original post)

Mon Apr 13, 2026, 08:03 AM

Apr 13

To save the day?

At least his oil buddies are recouping their investment.

GreatGazoo

(4,682 posts)

7. WTI ("crude") is quoted for May futures, Brent for June

Reply to Norbert (Original post)

Mon Apr 13, 2026, 08:07 AM

Apr 13

so it looks like pricing expects more mitigation as time goes on. Ha!

Brent for May delivery is $112 vs WTI at $104

Market remains overpriced. Waiting for another big dip in gold as this week's disaster plays out.

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