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JPMorgan Managing Director and Head of EMEA Oil & Gas Research Christyan Malek discusses his forecast for the price of oil.
Oil ‘supercycle’ expected at the end of this year, analyst says
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JPMorgan Managing Director and Head of EMEA Oil & Gas Research Christyan Malek discusses his forecast for the price of oil.
Just buy OILLLLLLL, IT IS STILL DOWN.
………..> Yup.
Maritime bunker fuel / aviation fuel and summer driving on stand by.
Regards –
If Iran chooses to press the “nuclear button” to close the Strait of Hormuz, Brent crude oil may soar to a few hundred dollars per barrel. Any unrest or military situation in the Strait may cause oil prices to rise to US$150/barrel or US$200/barrel. ”
In 2008, Brent crude oil hit a record high, above $147 per barrel.
Several analysts said that the risk of conflict between the United States and Iran is rising due to the government’s hint that its ultimate goal is regime change in Iran.
Neocons will start a war. War makes oil sky rocket. Oil stocks have been on clearance sale.
Nope.
@Matthew
Nope.
Money is simply repositioning for a recovery.
Regards –
except $RECAF will be dumping 8 million barrels per day on to the market.
are you sure?
What do you think about the Canadian company high arctic energy services (haes) ? Great assets and income streams
Strong suggestion since it’s a commodity buy the ETF instead of single stocks, I bought about $27,000 worth of vanguard oil and gas ETF in Oct and Nov/2020.
$HUSA low float about to pop next week
cpe + cdev – all loaded up
Trump won the election.
Nope He doesnt. He is a looser.
$4, $5, $6+ gallon of gas incoming