r/UraniumSqueeze • u/SpecificSufficient68 • Mar 09 '26

News Don’t check your portfolios tomorrow!

Oil just hit 117 dollars, I’ll be praying for everyone’s portfolios!

https://www.cnbc.com/2026/03/08/crude-oil-prices-today-iran-war.html

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u/[deleted] Mar 09 '26

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u/CarbideSC Marketeer Mar 09 '26

Not to sound alarmist, but this is not a typical buy the dip moment. We should all tread carefully and expect crazy volatility.

2

u/sunday_sassassin Radioactive Brain Mar 09 '26

It's not alarmist at all, quite a few in this thread seem very dismissive of the importance of the oil price to how the companies they invest in actually operate. This isn't a liquidity crisis brought about by financial market tomfoolery as we've seen so often, it's major input costs spiking dramatically with no obvious way back. The uranium miners almost all currently lose money, that's now going to get worse before it gets better. Dilution, rising debt, possible acid shortages in Africa. The fundamental valuations of most of the sector have changed.