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Why oil's price is likely to rise substantially over the near-term.

Why oil's price is likely to rise substantially before March, 2023. Oil inventories in the USA as of early Nov., 2022.

The petroleum-watching commentariat (PetWatCom) continues to forsee nothing but price increases in the near-term. Eric Nutall's tweet had received nearly 700 "likes" as of 8 Nov. 2022, and it had received very little disagreement, at least on Twitter.  Others offered similar reasons for a likely price increase.

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Monday, 22 July 2024