Even as Oil Plunges, Analysts Get More Bullish

Barrons2021-07-20

Oil prices were falling hard on Monday, as investors fret about demand and see supply rising more quickly following an OPEC deal to restore production. Despite the drop, the current setup looks as if ...

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Comments

  • BullishKing
    2021-07-20
    BullishKing
    Bullish....please like.
  • KS_Lee
    2021-07-20
    KS_Lee
    A drop IMO is healthy. Many oil producers will be eager to increase output to capture the current high price. After things normalised, output may likely reduced again and price would increase back up. Though can't foresee how long this pandemic will persist but likely recoveries will return in the future. 
  • Imgoh
    2021-07-20
    Imgoh
    Just temporary drop 
  • ruinsaint
    2021-07-20
    ruinsaint
    Electric plug in and hybrids
  • Lsn
    2021-07-20
    Lsn
    ….
  • Deonc
    2021-07-20
    Deonc
    Fears ? 
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