forecasts
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Art Berman Newsletter: April 2020 (2020-3)
- May 6, 2020
- Posted by: Art Berman
- Category: Newsletter
6 Comments
Much lower oil prices are inevitable in all scenarios once the false optimism of the present oil rally is recognized.
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This Oil-Price Rally Won’t Last
- December 20, 2019
- Posted by: Art Berman
- Category: header-menu
It will last as long as someone can be found on the other side of the trade. When those counter-parties realize that nothing in the world has fundamentally changed, prices will fall to $51 or $52 as they have with the last three failed rallies of 2019.