Oil Price Forecast - June 3

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

Oil Price Forecast - June 3

Post by dan_s »

This article sums up why I think the global oil market is much tighter than the Wall Street Gang thinks it is and why oil prices should move a lot higher.

https://investoralmanac.com/2018/06/02/ ... ng-closer/

Raymond James is holding to their forecast that WTI will average $70 in Q3 and $75 in Q4.

IMO we are one "unplanned supply outage" away from $80 WTI.
Dan Steffens
Energy Prospectus Group
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