US Oil Inventories are just too low

Lu_Kuemmerle
2022-04-21

I talked about this problem over and over again.

The build-up cycle for oil inventories is near the end. The problem though - the US wasn't able to restock inventories like in prior years. IMO the only joker for lower oil prices would be a fast recession.

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Comments

  • EvanHolt
    2022-04-21
    EvanHolt
    I think oil has a chance to hit 120.
  • MR_Wu
    2022-04-21
    MR_Wu
    Russia has too much influence on the oil market.
  • LouisLowell
    2022-04-21
    LouisLowell
    There is a problem with the supply of oil.
  • 一支升GoGo
    2022-04-23
    一支升GoGo
    👍
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