$100 Oil, Broken Supply Chain, and Why Texas May Be The Answer

November 2, 2021

Oil prices are currently rising at an incredible rate, and are unlikely to slow down according to several analysts.  This week Bank of America noted in Bloomberg that Brent crude benchmark will hit $120 per barrel by the end of June 2022.  This came after news that some industries have started to use oil instead of high-priced gas for their fuel needs. Most experts have not factored this into their…

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Oil Stocks Benefit From Rising Prices

September 27, 2021

Oil reached new highs overnight, Brent climbing over $79 and WTI over $74 respectively.  The cause for this move is most likely due to a drop in demand with the Hurricane Ida fall out and a rise in demand as the Delta Variant COVID surge tails off.   This caused yet another major investment bank to raise its forecast for the commodity, Goldman Sachs raised its year-end price target for Brent…

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