oil-price volatility
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The Iran Card Played Again: Is It Enough to Move Oil Prices Higher?
- January 6, 2020
- Posted by: Art Berman
- Category: header-menu
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Barring outbreak of conflict between U.S. and Iranian forces or their proxies, however, I expect oil prices to flatten and then fall during the first quarter of 2020.
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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.