WTI
W&T Offshore, Inc.
stock NYSE

Why does WTI closely follow Brent in tight supply markets then

Sheykh is an idle/tycoon game that runs inside Telegram (@oilshykhbot) with no install. I kept seeing questions about how it actually works, so here's the honest breakdown.
**The core loop**
You own oil rigs → they produce oil into a reservoir → you collect it → you sell it on an in-app market → you're paid in USDT. Rigs produce continuously, but the reservoir has a cap. If it fills and you don't collect, the overflow is wasted. So 'log in, collect, repeat' is the rhythm.
**Starting out**
New players get a free starter rig (tiny output, \~7-day life) so you can learn the mechanics without spending. There's a daily streak that adds up to +30% on collections if you show up consistently.
**The honest part**
The market price tracks live WTI crude, so it moves up and down; profit is NOT guaranteed. There are fees on selling, storage, and withdrawals (full transparency post coming this week). Treat it as a game first.
Happy to answer questions in the comments. What would you want explained next?

STRAIT RE-CLOSED - Huge market correction coming Monday?

Iran just announced they are re-closing the Strait of Hormuz, which pretty quickly halted the drop we were seeing in oil prices. MOU looking less strong now, and market was up on expectation of peace deal, now looking like a fresh spike in Brent Crude and WTI oil futures...
Could cause central banks to continue interest rate-hiking cycles, curious if people see a correction coming Monday, and if so how big of one?

Loaded up on WTI short positions Friday night. Nice. Thanks guys

>Do a fake deal
>Get your puppet fed chair to set up a **task force** to redefine inflation
>Get your media to run hawkish fed narratives as gaslighting
>Get 100 bps of rate cuts
>Come back 90 days later with NATO
>Send WTI to 150
✅️ This is how you devalue your debt via **financial repression**

Can I just ask, some of the OG and not so OG holders know Dave Lauer and who he is. Urvin finance. Our angel Gabriel. Mr Lauer used to post, give advice and let us know when the SEC was making big moves and what we should do about it. This is the same Dave Lauer who started WTI - We The Investors.
Dave had template emails, letters and was full of advice and help for the smooth brained, did an AMA and was genuinely a nice bloke.
​
I miss you Dave. Where you at?

Didn't WTI get the memo?

The current price action in the crude oil market shows a measured downward adjustment, with both Brent and WTI trading off their recent local highs. It appears the geopolitical premium built into the charts over the past few weeks is steadily unwinding as broader macro factors take over.
From a technical perspective, Brent holding below the 80 mark is significant, potentially opening up exposure to valuation pressure down toward the 76 support line. Traders seem to be managing risk and locking in capital near key resistance zones, which aligns with the series of lower local highs we are seeing. It is worth monitoring whether this near-term pressure remains dominant, though long-term macroeconomic data still points toward demand stabilization in emerging economies later in the year.
Personally, seeing this volatility in traditional energy makes me lean more into structural shifts in asset allocation, specifically toward transition metals and the underlying infrastructure that supports them. While waiting for the crude floor to establish, I have been analyzing junior exploration setups that mitigate classic overhead risks through better data processing. For instance, NovaRed Mining has been on my radar because they operate right in the Quesnel belt while using a proprietary predictive framework to pinpoint targets. Tracking how these tech-driven explorers capture market share during broader energy corrections seems like a practical way to capture upside without being entirely exposed to the immediate headwinds of the oil macro cycle.

Fake headlines really do tank oil though tomorrow WTI gonna be zero and gas will be free

I don't think it matters much. WTI is still red.

pre market crew checking in, and yeah the oil price action is telling its own story right now. when WTI starts moving like that it usually knows something before the headlines do. waiting to see how Europe opens before making any moves personally

Hi pre market fans.
It's unclear today if the deal is on or off.
Since vance pulled out of the Switzerland talks.
But one things for sure WTI is behaving like the deals off

WTI Oil Update: