"1011 Insider Address" Trader: Dubai / Oman Crude Oil Price Nears $155, Current Market Misjudgment on Oil Prices Reflects Structural Bias

CycleProphet · 2026-03-18T18:15:28+00:00

DeepTide TechFlow News: On March 18, Garrett Jin, operator of "1011 Insider Address" and co-founder of XHash, published an article pointing out that the current market's assessment of oil prices contains structural misconceptions.Garrett Jin stated that Brent crude oil is quoted at approximately $106 and WTI at approximately $95, which on the surface appears to be within a controllable range, but this only reflects the local situation in the Atlantic Basin market. The real pressure signal worth attention comes from the Dubai/Oman crude oil benchmark, which has approached $155. The crude oil flow through the Strait of Hormuz is primarily directed toward Asian markets rather than Western markets, therefore Western mainstream benchmark prices cannot accurately reflect the actual supply and demand conditions of the Asian energy market. Garrett Jin believes that the aforementioned price divergence is not a short-term fluctuation, but rather exhibits structural characteristics.

CycleProphet

2026-03-18 18:15:28

Deep Tide TechFlow News, March 18 — Garrett Jin, operator of “1011 Insider Address” and co-founder of XHash, pointed out that the current market misconceptions about oil prices are structurally flawed.

Garrett Jin stated that Brent crude is approximately $106, and WTI is about $95. On the surface, these seem to be within controllable ranges, but this only reflects the local conditions of the Atlantic Basin market. The real warning signals come from Dubai/Oman crude benchmarks, which are nearing $155. Since the flow of oil through the Strait of Hormuz primarily targets Asian markets rather than Western markets, the mainstream Western benchmark prices cannot accurately reflect the actual supply and demand conditions of the Asian energy market. Garrett Jin believes that these price divergences are not short-term fluctuations but have structural characteristics.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.