Geopolitical Risk
Posted: Sun Jul 23, 2017 12:39 pm
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.
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.