Oil Will Stay Above $100

🛢 🛢 Nearly two years have passed since U.S. benchmark West Texas Intermediate oil settled below zero dollars a barrel
Our Algorithm expects prices to mostly hold above the $100 mark, with the market unlikely to get much help from oil producers who are concerned about another potentially significant decline in prices
An extension of the war and rapidly depleting reserves will likely be the key oil driver for the rest of the year, unless producers can make up the shortfall and compensate for rising demand
The new era of oil—one characterized by less drilling but consistently higher prices—has set up oil services companies for years of strong performance, low debt, and pricing power
In 2022 Let Us Make 30% For You From The Energy Complex
Contact Us At bit.ly/AlgoTrader Now And Provide Us With Your Email To Receive Our Free Algo Research Ideas Newsletter
AlgorithmicInvestment #AccuracyProfits #HumanQuant #FreeAlgoResearchIdeas #CrudeOil

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s