Would love to hear your thoughts on this.
3 replies (most recent on top)
3 to 5 nonths
Till OPEC decides to open the taps… As is the norm
It’s easy to blame the war, but the key driver is underinvestment since the 2015 downturn. Worldwide demand is projected to slightly increase or at least remain static over the next decade, and with limited investment, it’s hard to ramp up production or drill many exploration wells… so I’m bullish on prices in the near to medium term.