# The oil crisis is over

By @AndreasSteno on X · https://f.xyz/t/c8a5cbde-420a-491b-8b03-45af979f422a

> Oil flows about as it did before the war most weeks, so the oil crisis is over.

**Result:** If held over the last 3 months (Jul 30, 2026 – Oct 29, 2026): −25.6%. Over the same days: S&P 500 +5.1%.

## What it holds

- **Oil falls** (100%, −20.6% over 3 months): against CL (WTI crude oil) −20.6%

## The plan behind it

Andreas Steno Larsen wrote on 23 Oct that the oil crisis is over: most weeks, oil still comes out as it did before the war. He did not give a trade. This expresses his view as a short on US WTI crude, which makes money if the oil price falls.

> I said the oil crisis was over. It is still a mostly correct statement given that basically the Oil comes out most weeks as before the war.
> 
> So please stop making up all sorts of weird takes
> — @AndreasSteno on X: https://x.com/AndreasSteno/status/2113731642036781113

Picked by fxyz from @AndreasSteno’s post.

**What would prove it wrong:** Oil supply drops again, or WTI makes new highs.

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