Black Gold Indeed: Oil Finally Seems Poised to Hit $100
Restrained supply and ravenous demand likely will return it to three figures, says Canaccord.
Restrained supply and ravenous demand likely will return it to three figures, says Canaccord.
Commonwealth’s McMillan ascribes nasty CPI numbers to a few aberrant items, already cooling off.
Many institutions, wary of the asset class’s notorious volatility, keep their exposure low despite raw material price climbs.
The upstart industry’s flexibility is a big advantage to its longevity amid an oil price war, the firm believes.
The disparity tells us a lot about where fossil fuels are headed. Will black gold regain its luster?
Despite probably new OPEC production cuts, US fracking will tarnish black gold.
Now the dominant energy source, despite the glamor of renewables, the day it will peak may be in 2050.
The market thinks the trade war will ax demand, which is pretty good now.
Expanding stockpiles and surging shale pumping may put upper limit on petrol reprise.
Goldman Sachs study finds the OPEC production ceilings are, for once, effective.