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How much do you anticipate oil company stocks will drop when the Iran issue is over?
Posted on 3/27/26 at 9:18 am
Posted on 3/27/26 at 9:18 am
My oil stocks have more than made up for my loses in the S&P. When this is over the S&P will recover and I expect the oil related stocks to drop. My hope is the oil stocks will keep 30% or so of their gain, but I’m probably way too optimistic.
6
Posted on 3/27/26 at 9:22 am to Ramblin Wreck
Probably back to where they were before the Iran action started.
I think WTI was around $60 then.
The after-action oil price is likely already somewhat factored in to the stock prices.
I think WTI was around $60 then.
The after-action oil price is likely already somewhat factored in to the stock prices.
Posted on 3/27/26 at 9:31 am to Ramblin Wreck
Refiners and companies involved in Venezuela won't drop as much as others. VLO and CVX are beneficiaries of Venezuela opening back up for business.
Posted on 3/27/26 at 11:01 am to Ramblin Wreck
I don't know but I bought VGENX when all this was coming to a head
Posted on 3/27/26 at 11:19 am to Ramblin Wreck
I don’t know but I look like a genius locking in my heating oil price last summer at $2.64/gallon. Price today is $5.19. Adds up when you are getting over 300 gallons per deliver
Posted on 3/27/26 at 2:20 pm to Ramblin Wreck
Congratulations on your portfolio diversification doing work!
Posted on 3/27/26 at 5:47 pm to Ramblin Wreck
Depends on the estimate on how long it takes to the repair the damages when it over
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