Repost my comment in reply to:

2022-10-05

POST dtd 2022 Oct/3 Mon on “Short on OPEC+ Cut” by GA907:

My view: OPEC+ cut output to spur price increase. Russia has big Customers. Europe will have an oil/gas crisis this winter & beyond. US is driving too much fosil oil & damaging the climate changes. China, India & some major countries have enough supply & are watching this oil/gas development closely.

Added: PetrolDollar (pre-dominately by USD) will be in deep trouble in the near future.

My humble opinion only. Not advising on investment of any particular company or companies, Buy, Sell, Hold or Short. You need to make your own analysis & judgement on the stock you wish to invest.

(Note: my comment on GA907 Main Post cannot be more than 200 characters, hence this RePost. Sorry, GA907).

Thanks for Reading.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Et1502
2022-10-06
Et1502
2022 Oct/6, as predicted. Oil price increase….
Prosperous40
2022-10-05
Prosperous40
Ok
phyllinda
2022-10-05
phyllinda
ok
Fenger1188
2022-10-05
Fenger1188
🚀
Ccchia
2022-10-05
Ccchia
K
Linkbridge
2022-10-05
Linkbridge
O

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