"BTC OG Insider Mega Whale" Agent: Crude Oil Price Control is an Illusion, Actual Transaction Price in Gulf Region Has Approached $155 per Barrel

MarsBitNews · 2026-03-18T17:57:01+00:00

Mars Finance reported that Garrett Jin stated the focus on oil prices is misplaced, with actual trading prices near $155 in Dubai and Oman. He mentioned oil prices surging 45% and recommended going long on crude oil, while both WTI and Brent crude have risen due to geopolitical factors.

MarsBitNews

2026-03-18 17:57:01

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Mars Finance News, March 18 — “BTC OG Insider Whale” agent Garrett Jin posted that most people’s focus on oil prices is incorrect. Brent crude is at $106, and WTI crude is at $95, suggesting oil prices are under control, but this is just an illusion in the Atlantic basin. The real pressure is in Dubai and Oman, where actual trading prices have already approached $155. The flow of funds in the Strait of Hormuz is moving toward Asia, not the West. The dislocation is structural, not temporary. On March 15, Garrett Jin stated that oil prices had surged 45% and recommended going long on crude oil and reducing stock exposure. According to market data, after Iran designated the oil facilities of the Gulf countries as legitimate targets, both US and Brent crude prices rose. Brent crude surged over 5% intraday, currently at $105.7 per barrel; WTI is at $98.7 per barrel, up 3.06% in 24 hours.

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