Oil prices are now back to prewar levels, but the market is not. Here’s what could happen next.
AI disclosure
Summary
Oil prices have finally fallen back to pre-Iran war levels — but the crude market is far from seeing a normalization of shipping, oil supplies and demand that such a big retreat implies.
Discussion on
Trending posts from X.
I bought $NBIS at $232.49.
— amit (@amitisinvesting) July 1, 2026
I *think* the market is wrong for selling the neo-clouds here and it feels like an overreaction to the META news.
AWS just raised GPU rental prices by 20%.
META is using their compute to monetize in a way that makes their overall business more… pic.twitter.com/mCyeLrbzbI