Joined March 2009
- Tweets 18,412
- Following 1,784
- Followers 203,948
- Likes 12
2,998 Photos and videos
Pinned Tweet
Mar 5
Global markets starting to feel way too complacent about Iran War.
Not only are costs beginning to spike in things like shipping .. .but we are weeks (days?) away from hearing about shortages in things like fertilizer, jet fuel, and more.
Poor countries are going to feel it first.
Stay focused and nimble.
94
65
479
121,970
Please yes let’s put the Fed’s “lite brite” out of its misery. If he does it, the rest may follow.
Yes or no?
cnbc.com/2026/06/16/fed-chai…
8
27
5,639
Brian Sullivan retweeted
Apr 17
This is a great outcome.
Iran says Hormuz fully "open" (at least during ceasefire).
Expect markets keep ripping and oil falls (as long as some other Iran faction doesn't have different ideas about keeping the war going)
Happy Friday
In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire, on the coordinated route as already announced by Ports and Maritime Organisation of the Islamic Rep. of Iran.
35
10
148
30,719
We know and YES we will be buying Rick a burger in Chicago next week. His $75 oil before $125 call was correct.
He will eat a burger, I will eat crow*
*not an actual crow
12
3
92
9,035
Rick will be getting some juicy burgers, trust me. Like a Lannister, always pay your debts.
We may be doing @PowerLunch in Chicago one day soon (wink wink)
I had to pivot a few weeks ago after looking at ship moves, more data, speaking to people in region etc .. but by then the bet was made.
To be fair, the pivot was ahead of many experts .. but Rick nailed it.
and the hamburger argument 👇
Santoli said $75/barrel
Sullivan said $125/barrel
pay up Bri-guy 🍔🍔🍔🍔🍔🍔🍔🍔🍔🍔
3
2
25
5,952
I’ll prob lose this bet since Patrick is the expert but I enjoy putting it out there.
I’m like the Cape Verde Islands v Spain here. A tie is a win.
It’s on.
I wish I could go along, Sully! I'll take the under on my own prev prediction ($3.75/gal on July 4) and shoot for $3.72-$3.75/gal
7
32
13,811
Unless there's a new flare up around Iran, #Oil exports from the middle east are going to ramp faster than most think.
As I bet some of my colleagues on @SquawkCNBC and @SquawkStreet yesterday ... gasoline likely back to $3.25-$3.50/gallon nationally within 2 weeks.
Much more on @PowerLunch today with a great guest host on all things Fed, markets, bonds and - yes - oil and inflation.
24
15
132
25,576
Jun 15
Important: VP @JDVance telling @SquawkCNBC @CNBC that Mohammed Ghalibaf is likely to attend Friday's meeting/signing.
This will be seen as good news by market as Ghalibaf seen as more hard-liner.
#Iran #oil
Jun 15
Good morning from the @SquawkCNBC desk
Honored to welcome @JDVance on the show this morning to speak to #Iran #oil #energy and more.
13
5
96
17,218
Jun 15
I was looking at forward month contracts ... Sep is $77.65
Jun 15
Good catch. A few bucks off. But we are closing in.
5
4
40
8,415
Jun 15
Costco prob selling gas as a loss leader .. dunno.
But we will likely be $3.25 - $3.50 national average soon. I'll hedge a bit as we are off $5/barrel from 1 year ago (eagle eyed viewers noticed I was off a couple of bucks .. thank you!)
Jun 15
$3.25/gallon regular this morning - Costco - Pearland, Texas
27
3
110
18,751
Jun 15
Good catch. A few bucks off. But we are closing in.
10
31
20,496
Jun 15
I can report that some Mid East nations have more oil (in reservoirs) that they can load faster than you think.
Time stamp this.
The supply issue isn't going away. Iran destroyed regional capacity. Russian shadow fleet is being intercepted. Our SPR is almost drained.
23
18
221
24,496
Jun 15
You *should* be below $3 in two weeks (ish)
Jun 15
3.49 in Florida at Costco today!
12
3
83
14,411
Jun 15
Good morning from the @SquawkCNBC desk
Honored to welcome @JDVance on the show this morning to speak to #Iran #oil #energy and more.
29
5
104
25,476
Jun 14
On April 23rd I made the case for a 'free' Iran and oil going back to $50-$60.
Do you agree or disagree with that 'hot take?'
Apr 23
Hot take on #oil:
In 1-2 years Venezuela and Iran at over 5m total barrels (from ~4m now), Brazil closing in on 5m and the US staying over 13m.
Oil back to $50-$60.
Agree or disagree? Why or why not?
53
4
137
51,306
Jun 14
A good time to politely nudge you to sign up for my weekly energy intelligence piece, Power Insider.
11 days ago I wrote this: cnb.cx/4aqLrzr
Sign up here: tinyurl.com/5ckyfkm8
Jun 14
I get it. And agree.
I’ve said - and reported - extensively about the MOU but it’s a start. My sources are good.
And respectfully it’s not same people who may be in charge. It could be but right now it’s different groups. Time will tell how it shakes out.
4
50
12,014
Jun 14
Oil down to almost $80 on Iran peace talks. Perfect day tomorrow to be hosting @squawkcnbc so tune in nice & early Monday
21
5
124
6,233