A Perspective On Why The Oil Price Is More Likely To Reach $150 Than $50

C Jessen2.2K FollowersFollow5ShareSavePlay(19min)CommentsSummaryThe global oil market faces an unprecedented 10-20 million barrel per day supply disruption due to the Strait of Hormuz closure.Physical oil shortages are not yet reflected in traded prices; jet fuel and heating oil signal acute tightness and looming inflation risk.Geopolitical dynamics between Iran, the U.S., and Israel suggest a protracted conflict, with little incentive for Iran to de-escalate soon.I am staying on the sidelines, raising cash, and reducing high-beta exposure until clarity emerges; energy and defense stocks appear overbought. Alones Creative/iStock via Getty Images The essence of this is simple enough. Currently, the world is missing somewhere between 10 and 20 million barrels of oil per day. This is equivalent to 10-20% of the global oil supply. Of the global energy base, oil makesThis article was written byC Jessen2.2K FollowersFollowEarly 30s 'buy and hold' investor trying to achieve financial freedom to the greatest extent possible. Main focus within dividend growth investing & value. I've been investing for 10+ years and worked across several industries including finance, logistics, oil and pharma. Holding a Graduate Diploma within Accounting and MSc within Business Administration & Supply Chain Management.I cover companies matching my focus as well as portfolio strategy.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.