N · 2024-02-01T18:02:47.170711Z

@BloombergT Dear Oracle: What's going on with $ZIM going on? 📉😅

Hennington Global Markets@HenningtonGlobal

1Yr

Oil price linkage. Oil is also down today. It's just currently volatile due to the Middle East conflict

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N@Khlmysee

1Yr

@BloombergThad not heard of any link to the oil price until now. However, it looks as if both events occurred at the same time.

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N@Khlmysee

1Yr

@BloombergTPossible reason for the fall in oil prices: "Incoming reports of suicide drones launched by Iranian proxy groups striking the U.S. military base at Al-Omar in Syria right now"

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Hennington Global Markets@HenningtonGlobal

1Yr

@Kohlmeyse You have to keep an eye on the ceasefire. If an agreement is reached now, it will continue to ease the oil price, as we will basically no longer have a houthi blockade. Of course, you have to weigh up the probabilities. For my part, I don't think it's over yet. (That's very easy to explain now, but very easy)

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N@Khlmysee

1Yr

@BloombergTI personally do not believe that Israel's ceasefire will necessarily stop the Houthis.

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Hennington Global Markets@HenningtonGlobal

1Yr

@Kohlmeyse I agree that this is a short-term drop, it will continue. But you can see that such news can lead to big drops, which is why it is also important to evaluate news well in geopolitical trades etc. in order to be able to get out early

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Hennington Global Markets@HenningtonGlobal

1Yr

@Kohlmeyse now look at the oil price reacting to this news: "AL JAZEERA DELETES TWEET SAYING ISRAEL AGREES TO PAUSE FIGHTING"

The oil price is correcting upwards again, my shares too, yours will also slowly straighten out.

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N@Khlmysee

1Yr

@BloombergTtoo funny. 😅

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