sentiment
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This Oil-Price Rally Won’t Last
- December 20, 2019
- Posted by: Art Berman
- Category: header-menu
5 Comments
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.
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Lower Oil Prices, Not Cash Flow, Will Bring Investors Back to Oil– Lessons For OPEC+
- December 4, 2019
- Posted by: Art Berman
- Category: header-menu
The popular story is that investors have abandoned oil markets because the business hasn’t been profitable. That is complete nonsense.