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2022-07-08
Ok//@StonkerLL:Anytime yayayaya papaya//@koolgal: Thanks for liking my post πŸ˜πŸ˜πŸ˜@StonkerLL//@StonkerLL: yayayaya papaya// @koolgal: With the ongoing Ukraine war and the current ban in place on Russian oil by US and its allies, demand far exceeds the supply of oil.I am bullish on oil since the supply of oil is still very limited.  Oil companies cannot simply increase supply easily as it requires extensive investments and resources to do so.  The demand for oil is still increasing due to summer holidays in the US and the pent up demand for travel globally.Will the price of oil slip below 90 dollars?  It may in the short term but in the long term it will go up.  For as long as there is geo political tensions and conflict, oil prices will continue its upward trajectory. Oil is very much the lifeblood of our economy and petroleum based products are found in nearly every aspect of our daily lives.  So I am definitely bullish on oil prices.@Mainstreet_Trades  @TigerStars @CaptainTiger
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