Geopolitical Risk

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dan_s
Posts: 37325
Joined: Fri Apr 23, 2010 8:22 am

Geopolitical Risk

Post by dan_s »

IMO there is not enough geopolitical risk being factored into the price of oil these days.

Read this: https://www.bloomberg.com/gadfly/articl ... the-market

Stuff like this can cause a significant short covering rally in oil prices, which are already too low in a world where demand exceeds production today.
Dan Steffens
Energy Prospectus Group
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