GUTSHOT PODCAST EP 69 MALAYSIAN MALAYSIANS

 

HARGA MINYAK DUNIA JATUH GILA / WORLD OIL PRICES CRASHING

 

The oil prices are crashing.
WTI hit US$82.95 per barrel today. 
Down almost US$12 per barrel. 
Or down 12.40% from the day before.
June oil futures are trading even lower at US$81.38 per barrel.

The Dow Jones is going up, up and away. 
The Dow hit 49,546 today Friday April 17, 2026.
Compared to 48,463 yesterday Thursday.
That is a 993 point jump in the Dow in one day !!

There is going to be a resolution in the Middle East.

CL = Crude oil (specifically West Texas Intermediate crude oil futures)
M = Contract month code for June
6 = The year ending in 6 (context determines the decade, e.g., 2016, 2026, etc.)

IRANIAN COASTLINE SHUTDOWN. DOW JONES IS UP.

The US naval blockade against Iran which started on April 13th 2026 is now into its third day. Here is marinetraffic.com's live map (as at 9:15 pm 16th April 2026 local KL time) of the Iranian coastline along the Persian Gulf.

As you can see the entire Iranian coastline (highlighted in yellow) is now at a standstill. There is hardly any ship movement - certainly no movement of those gigantic oil tankers which used to carry away three million barrels of Iranian oil every day.

No one pondered this move by the Americans (and the Israelis). Certainly not the Iranian regime. And it appears that there will be more surprises. 

Here is the Dow Jones. It has shot up from 47,600 points on 13th April to 48,463 yesterday 15th April 2026. There is more upside coming.