Trump's "Verbal Pressure" to Suppress Oil Prices, Market Warns Supply-Demand Gap Could Push Oil to $135

BlockBeats News, June 22nd - A senior energy trader has warned that despite the Trump administration's ongoing release of peaceful and cooling signals, political rhetoric has struggled to conceal a potential supply gap of approximately 6 to 8 million barrels per day in the global oil market. If inventory depletion continues, oil prices may experience a retaliatory surge, possibly surging to $135 per barrel.

Energy trader Dan Dicker, with 25 years of trading experience, pointed out that U.S. President Trump frequently influences market expectations through public statements, causing oil prices to temporarily not reflect the true supply-demand imbalance. He stated that the current prices are driven more by emotion and policy signals rather than fundamentals.

Since the U.S.-Iran conflict escalated and impacted the transport through the Strait of Hormuz, global oil supply has been disrupted, with the market relying heavily on inventory digestion. Dicker stated that once the supply recovery falls short of expectations, the market could face significant repercussions.

Despite the relatively tight fundamentals, international oil prices have remained relatively stable recently. On June 22nd, WTI crude was around $75 per barrel, Brent around $79 per barrel, significantly below the early conflict peak.

Analysts believe that the price decline is related to market expectations of a 60-day peace roadmap between the U.S. and Iran, but traders are generally cautious about the sustainability of the agreement, gradually accumulating short positions in the recent price range.

Dicker pointed out that the current oil prices have significantly deviated from supply-demand reality, and policy rhetoric is amplifying market volatility. He emphasized that amid lingering uncertainty over passage through the Strait of Hormuz, the market's pricing of risk premiums may still be inadequate.