Oil could spike above $100 next year, Bank of America says

97
27
Favorite

Oil could spike above $100 next year, Bank of America says

CNBC2021-06-21

Oil could hit $100 per barrel next year as demand outstrips supply, according to Bank of America. The firm identified three factors on both the demand and supply side that should support prices into ...

Source Link

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.

Report

Comment（27）

Tongdadd
·2021-06-22
To think it was actually at negative value this time last year
Reply
Like
Report
SandDust
·2021-06-22
Not happening simply because Opec still have spare capacity, Iran potential oil back to market and US shale oil usually react very fast to market price.
Reply
Like
Report
sjcy
·2021-06-22
Wish the same spike will happen for oil companies shares.
Reply
Like
Report
Rteo
·2021-06-22
Time for O&G?
Reply
Like
Report
Novice294
·2021-06-22
Thought the world is moving towards renewable energy?
Reply
Like
Report
Sg73
·2021-06-22
Great ?
Reply
Like
Report
SLabcd
·2021-06-22
Oh so expensive?
Reply
1
Report
Fold Replies
- YunaTuna:
  lolx
  2021-06-22
  Reply
  Report
skli
·2021-06-22
Wow... Crazy
Reply
3
Report
Fold Replies
- SLabcd:
  Yes
  2021-06-22
  Reply
  Report
mao1e
·2021-06-22
Wow
Reply
1
Report
Fold Replies
- JustinAQX:
  Gg
  2021-06-22
  Reply
  Report
Frosty4ever
·2021-06-22
From reopening of global economies? Plausible but a lot depend on how well countries control Covid and gravel resuming on big scale.
Reply
Like
Report
zzgundam
·2021-06-22
I don't think the oil price can hit $100 as it will cause huge inflation which US government and Federal would not like to see. Hence, US can use all its tools such as allowing more shale oil or signing deals with Iran. Lastly, don't forget US has tremendous power in OPEC+, US can let them produce more barrels per day.
Reply
2
Report
Fold Replies
- Syu4N:
  [Strong][Strong][Strong][Strong]
  2021-07-23
  Reply
  Report
- Syu4N:
  ?
  2021-07-13
  Reply
  Report
- Syu4N:
  ?
  2021-07-08
  Reply
  Report
View more 2 comments
JackalCruz
·2021-06-22
Where is the demand coming from?
Reply
1
Report
Miraclemin
·2021-06-22
Gg
Reply
3
Report
HMKuan
·2021-06-22
Subjected to supply and demand
Reply
Like
Report
MouseKing
·2021-06-22
[驚訝]
Reply
Like
Report
Mingric
·2021-06-21
Hope it goes up
Reply
Like
Report
Alkid
·2021-06-21
Sure
Reply
4
Report
Fold Replies
- leyvancs:
  cheers !
  2021-06-21
  Reply
  Report
leyvancs
·2021-06-21
Like and comment and I'll do the same !
Reply
4
Report
Jabin85
·2021-06-21
Wow, interesting
Reply
3
Report
Brosnananana
·2021-06-21
Yee
Reply
3
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1132969592?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-06-21 22:35","share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","id":"1132969592","market":"fut","top_or_hot":-1,"title":"Oil could spike above $100 next year, Bank of America says","media":"CNBC","content":"<div>\n<p>Oil could hit $100 per barrel next year as demand outstrips supply, according to Bank of America.\nThe firm identified three factors on both the demand and supply side that should support prices into ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/oil-could-spike-above-100-next-year-bank-of-america-says.html\">Source Link</a>\n\n</div>\n","source":"cnbc_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oil could spike above $100 next year, Bank of America says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil could spike above $100 next year, Bank of America says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 22:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/21/oil-could-spike-above-100-next-year-bank-of-america-says.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Oil could hit $100 per barrel next year as demand outstrips supply, according to Bank of America.\nThe firm identified three factors on both the demand and supply side that should support prices into ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/oil-could-spike-above-100-next-year-bank-of-america-says.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FT_SY_BZ","symbol_name":"布油现金","start_time":0,"source_url":"https://www.cnbc.com/2021/06/21/oil-could-spike-above-100-next-year-bank-of-america-says.html","article_id":"1132969592","we_media_id":null,"thumbnails":[],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/06/21/oil-could-spike-above-100-next-year-bank-of-america-says.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1132969592","pubTimestamp":1624286146,"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"Oil could hit $100 per barrel next year as demand outstrips supply, according to Bank of America.\nTh","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"美国银行说，明年油价可能飙升至100美元以上","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BZmain":0.9,"CLmain":0.9},"content_text":"Oil could hit $100 per barrel next year as demand outstrips supply, according to Bank of America.\nThe firm identified three factors on both the demand and supply side that should support prices into 2022. Analysts led by Francisco Blanch pointed to pent up travel demand following more than a year of lockdown, and said that consumers forgoing public transit in favor of private cars will also raise demand for fuel.\nFinally, remote work could lead to more miles driven as consumers hit the road without being restricted by in-office work.\nOn the supply side, Bank of America highlighted policy pressure to curb capex to meet goals outlined in the Paris Agreement, as well as calls from ESG-focused investors to shift dollars toward green energy. Judicial pressures to limit emissions are also growing, with aDutch court rulingin May that Shell must reduce carbon emissions by 45% by 2030.\n“In short, demand is poised to bounce back and supply may not fully keep up, placing OPEC in control of the oil market in 2022,” the firm wrote in a note to clients. OPEC and its oil-producing allies implemented historic production cuts of nearly 10 million barrels per day last year as the pandemic sapped worldwide demand for petroleum products.\nWest Texas Intermediate crude futureshave rallied 80% over the last year and traded around $71.30 per barrel on Monday, whileBrent crude futureswere at $73.50. While Bank of America believes the gains are in for this year, the current market conditions could push Brent to $100 in 2022.\nBlanch anticipates oil demand growing by 11.7 million barrels per day year over year during the second quarter. After that, he sees demand rising by 5.6 million barrels per day for the next three quarters, leading to global demand sitting at 101 million barrels per day by the end of 2022.\n“With the oil market likely to remain in deficit due to this rapid sequential demand increase, we expect pressure on inventories to continue. In our projections, the oil market will likely remain in deficit for the foreseeable future, averaging a shortfall of 0.9 million barrels per day over the next six quarters.”\nThe firm now sees Brent and WTI averaging $68 per barrel and $65 per barrel respectively in 2021. In 2022, those numbers go up to $75 and $71. But at that point, the market will likely respond to the higher prices in the form of reduced demand or U.S. supply coming back online, which means Brent should average $65 in 2023, the firm said.\nAmid this backdrop, Bank of America said its top ideas in the oil patch includeExxon,Occidental,Hess CorporationandDevon Energy.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":120691568,"gmtCreate":1624320665654,"gmtModify":1703833280218,"author":{"id":"3563665738915585","authorId":"3563665738915585","name":"Tongdadd","avatar":"https://static.tigerbbs.com/79e519b2023d6e7e3b68e295f81f3e8e","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":6,"crmLevelSwitch":1,"idStr":"3563665738915585","authorIdStr":"3563665738915585"},"htmlText":"To think it was actually at negative value this time last year&nbsp;","listText":"To think it was actually at negative value this time last year&nbsp;","text":"To think it was actually at negative value this time last year","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120691568","repostId":1132969592,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120699792,"gmtCreate":1624320616316,"gmtModify":1703833277132,"author":{"id":"3581331938298103","authorId":"3581331938298103","name":"SandDust","avatar":"https://static.tigerbbs.com/ea6083d742fc232449a625fb122842c8","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3581331938298103","authorIdStr":"3581331938298103"},"htmlText":"Not happening simply&nbsp;because Opec still have spare capacity, Iran potential oil back to market and US shale oil usually react very fast to market price.&nbsp;","listText":"Not happening simply&nbsp;because Opec still have spare capacity, Iran potential oil back to market and US shale oil usually react very fast to market price.&nbsp;","text":"Not happening simply because Opec still have spare capacity, Iran potential oil back to market and US shale oil usually react very fast to market price.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120699792","repostId":1132969592,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120870627,"gmtCreate":1624320036069,"gmtModify":1703833245847,"author":{"id":"3574851563436207","authorId":"3574851563436207","name":"sjcy","avatar":"https://static.tigerbbs.com/487e7915540a102784b62ddbbb7208f1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574851563436207","authorIdStr":"3574851563436207"},"htmlText":"Wish the same spike will happen&nbsp;for oil companies shares.&nbsp;","listText":"Wish the same spike will happen&nbsp;for oil companies shares.&nbsp;","text":"Wish the same spike will happen for oil companies shares.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120870627","repostId":1132969592,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120839802,"gmtCreate":1624318302306,"gmtModify":1703833148633,"author":{"id":"3582595806100338","authorId":"3582595806100338","name":"Rteo","avatar":"https://static.tigerbbs.com/ba4c61a94c707cd25f18400b8cc52a4c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582595806100338","authorIdStr":"3582595806100338"},"htmlText":"Time for O&amp;G?","listText":"Time for O&amp;G?","text":"Time for O&G?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120839802","repostId":1132969592,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120146366,"gmtCreate":1624317093555,"gmtModify":1703833096192,"author":{"id":"3582664862077693","authorId":"3582664862077693","name":"Novice294","avatar":"https://static.tigerbbs.com/0f0b409046269eefc2bfd260a45823b6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582664862077693","authorIdStr":"3582664862077693"},"htmlText":"Thought the world is moving towards renewable energy?","listText":"Thought the world is moving towards renewable energy?","text":"Thought the world is moving towards renewable energy?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120146366","repostId":1132969592,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120146063,"gmtCreate":1624317084052,"gmtModify":1703833096029,"author":{"id":"3580702592327115","authorId":"3580702592327115","name":"Sg73","avatar":"https://static.tigerbbs.com/30a298e7ac436f928a83504758c166fd","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3580702592327115","authorIdStr":"3580702592327115"},"htmlText":"Great ?&nbsp;","listText":"Great ?&nbsp;","text":"Great ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120146063","repostId":1132969592,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120152268,"gmtCreate":1624316723954,"gmtModify":1703833084385,"author":{"id":"3561687131790412","authorId":"3561687131790412","name":"SLabcd","avatar":"https://static.tigerbbs.com/ee729bc8a6e8b42e7c9da20e9bbab6b8","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3561687131790412","authorIdStr":"3561687131790412"},"htmlText":"Oh so expensive?","listText":"Oh so expensive?","text":"Oh so expensive?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/120152268","repostId":1132969592,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4944829,"gmtCreate":1624322215790,"gmtModify":1635252996919,"authorId":3581809523229784,"author":{"id":3581809523229784,"idStr":"3581809523229784","authorId":3581809523229784,"name":"YunaTuna","avatar":"https://static.tigerbbs.com/6463ed1450c2454bfc57b76274b06418","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":120152268,"type":1,"supId":0,"prevId":0,"content":"<u>lolx</u>","text":"<u>lolx</u>","html":"<u>lolx</u>"}],"langContent":"EN"},{"id":120160079,"gmtCreate":1624315410091,"gmtModify":1703833045218,"author":{"id":"3583042826015243","authorId":"3583042826015243","name":"skli","avatar":"https://static.tigerbbs.com/cb36785e9f320f479b566e1e20e9c3e3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583042826015243","authorIdStr":"3583042826015243"},"htmlText":"Wow... Crazy&nbsp;","listText":"Wow... Crazy&nbsp;","text":"Wow... Crazy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/120160079","repostId":1132969592,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4941740,"gmtCreate":1624316736591,"gmtModify":1663229650540,"authorId":3561687131790412,"author":{"id":3561687131790412,"idStr":"3561687131790412","authorId":3561687131790412,"name":"SLabcd","avatar":"https://static.tigerbbs.com/ee729bc8a6e8b42e7c9da20e9bbab6b8","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":120160079,"type":1,"supId":0,"prevId":0,"content":"Yes","text":"Yes","html":"Yes"}],"langContent":"EN"},{"id":120110267,"gmtCreate":1624313937959,"gmtModify":1703833018159,"author":{"id":"3582927631820174","authorId":"3582927631820174","name":"mao1e","avatar":"https://static.tigerbbs.com/69fd482fe5582beb625c519d3f532457","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3582927631820174","authorIdStr":"3582927631820174"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/120110267","repostId":1132969592,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4941191,"gmtCreate":1624314662532,"gmtModify":1663229647667,"authorId":3583210090992024,"author":{"id":3583210090992024,"idStr":"3583210090992024","authorId":3583210090992024,"name":"JustinAQX","avatar":"https://static.tigerbbs.com/c36857e7f55d5c0aa300ac68988e55a6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":120110267,"type":1,"supId":0,"prevId":0,"content":"Gg","text":"Gg","html":"Gg"}],"langContent":"EN"},{"id":120138058,"gmtCreate":1624313338474,"gmtModify":1703833009767,"author":{"id":"3583106134648492","authorId":"3583106134648492","name":"Frosty4ever","avatar":"https://community-static.tradeup.com/news/58fdf90023b13bdabb45b46bb0d645e1","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":3,"crmLevelSwitch":1,"idStr":"3583106134648492","authorIdStr":"3583106134648492"},"htmlText":"From reopening of global economies? Plausible but a lot depend on how well countries control Covid and gravel resuming on big scale.&nbsp;","listText":"From reopening of global economies? Plausible but a lot depend on how well countries control Covid and gravel resuming on big scale.&nbsp;","text":"From reopening of global economies? Plausible but a lot depend on how well countries control Covid and gravel resuming on big scale.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120138058","repostId":1132969592,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120192758,"gmtCreate":1624312766474,"gmtModify":1703832999742,"author":{"id":"3581557670197158","authorId":"3581557670197158","name":"zzgundam","avatar":"https://static.tigerbbs.com/72a957606426aa2583f4b054c436d6f8","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581557670197158","authorIdStr":"3581557670197158"},"htmlText":"I don't think the oil price can hit $100 as it will cause huge inflation which US government and Federal would not like to see. Hence, US can use all its tools such as allowing&nbsp;more shale oil or signing deals with Iran.&nbsp;Lastly,&nbsp;don't forget US has tremendous power in&nbsp;OPEC+, US can let them produce more barrels per day.&nbsp;","listText":"I don't think the oil price can hit $100 as it will cause huge inflation which US government and Federal would not like to see. Hence, US can use all its tools such as allowing&nbsp;more shale oil or signing deals with Iran.&nbsp;Lastly,&nbsp;don't forget US has tremendous power in&nbsp;OPEC+, US can let them produce more barrels per day.&nbsp;","text":"I don't think the oil price can hit $100 as it will cause huge inflation which US government and Federal would not like to see. Hence, US can use all its tools such as allowing more shale oil or signing deals with Iran. Lastly, don't forget US has tremendous power in OPEC+, US can let them produce more barrels per day.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":9,"repostSize":0,"link":"https://ttm.financial/post/120192758","repostId":1132969592,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5306461,"gmtCreate":1627044595808,"gmtModify":1663231381737,"authorId":3583998481037358,"author":{"id":3583998481037358,"idStr":"3583998481037358","authorId":3583998481037358,"name":"Syu4N","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":120192758,"type":1,"supId":0,"prevId":0,"content":"[Strong][Strong][Strong][Strong]","text":"[Strong][Strong][Strong][Strong]","html":"[Strong][Strong][Strong][Strong]"},{"id":5199388,"gmtCreate":1626121309247,"gmtModify":1663230876344,"authorId":3583998481037358,"author":{"id":3583998481037358,"idStr":"3583998481037358","authorId":3583998481037358,"name":"Syu4N","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":120192758,"type":1,"supId":0,"prevId":0,"content":"?","text":"?","html":"?"},{"id":5155848,"gmtCreate":1625708690425,"gmtModify":1663230680843,"authorId":3583998481037358,"author":{"id":3583998481037358,"idStr":"3583998481037358","authorId":3583998481037358,"name":"Syu4N","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":120192758,"type":1,"supId":0,"prevId":0,"content":"?","text":"?","html":"?"},{"id":5113526,"gmtCreate":1625324682158,"gmtModify":1663230487137,"authorId":3583998481037358,"author":{"id":3583998481037358,"idStr":"3583998481037358","authorId":3583998481037358,"name":"Syu4N","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":120192758,"type":1,"supId":0,"prevId":0,"content":"?","text":"?","html":"?"},{"id":5044498,"gmtCreate":1624839990658,"gmtModify":1663230161531,"authorId":3583998481037358,"author":{"id":3583998481037358,"idStr":"3583998481037358","authorId":3583998481037358,"name":"Syu4N","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":120192758,"type":1,"supId":0,"prevId":0,"content":"?","text":"?","html":"?"}],"langContent":"EN"},{"id":120340261,"gmtCreate":1624308847553,"gmtModify":1703832949294,"author":{"id":"3576559529006723","authorId":"3576559529006723","name":"JackalCruz","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576559529006723","authorIdStr":"3576559529006723"},"htmlText":"Where is the demand coming from?&nbsp;","listText":"Where is the demand coming from?&nbsp;","text":"Where is the demand coming from?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120340261","repostId":1132969592,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120366996,"gmtCreate":1624301115615,"gmtModify":1703832916735,"author":{"id":"3578571124239982","authorId":"3578571124239982","name":"Miraclemin","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3578571124239982","authorIdStr":"3578571124239982"},"htmlText":"Gg","listText":"Gg","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120366996","repostId":1132969592,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120319251,"gmtCreate":1624297675473,"gmtModify":1703832883868,"author":{"id":"3584156155377296","authorId":"3584156155377296","name":"HMKuan","avatar":"https://static.tigerbbs.com/a0743ed4f1f88ead1cf6cd9181e1fcc8","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3584156155377296","authorIdStr":"3584156155377296"},"htmlText":"Subjected to supply and demand&nbsp;","listText":"Subjected to supply and demand&nbsp;","text":"Subjected to supply and demand","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120319251","repostId":1132969592,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120982077,"gmtCreate":1624292012799,"gmtModify":1703832768900,"author":{"id":"3582368114956209","authorId":"3582368114956209","name":"MouseKing","avatar":"https://static.tigerbbs.com/6bb1691406bab39eac16cf09fc2150e2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582368114956209","authorIdStr":"3582368114956209"},"htmlText":"[驚訝]&nbsp;","listText":"[驚訝]&nbsp;","text":"[驚訝]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120982077","repostId":1132969592,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":120990471,"gmtCreate":1624290954093,"gmtModify":1703832719123,"author":{"id":"3572742428902070","authorId":"3572742428902070","name":"Mingric","avatar":"https://static.tigerbbs.com/76bcc50cbe7cdcf527a40607f3eca4bf","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3572742428902070","authorIdStr":"3572742428902070"},"htmlText":"Hope it goes up","listText":"Hope it goes up","text":"Hope it goes up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120990471","repostId":1132969592,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120037463,"gmtCreate":1624287721352,"gmtModify":1703832604162,"author":{"id":"3574044380631135","authorId":"3574044380631135","name":"Alkid","avatar":"https://static.tigerbbs.com/d584ca72b32575d58fab92034b2973bc","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574044380631135","authorIdStr":"3574044380631135"},"htmlText":"Sure","listText":"Sure","text":"Sure","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/120037463","repostId":1132969592,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4936670,"gmtCreate":1624287738779,"gmtModify":1663229627229,"authorId":3586649461380855,"author":{"id":3586649461380855,"idStr":"3586649461380855","authorId":3586649461380855,"name":"leyvancs","avatar":"https://static.tigerbbs.com/c6d87f92e942c5a0c3b06281e083a51a","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":120037463,"type":1,"supId":0,"prevId":0,"content":"cheers !","text":"cheers !","html":"cheers !"}],"langContent":"EN"},{"id":120038513,"gmtCreate":1624287554332,"gmtModify":1703832597307,"author":{"id":"3586649461380855","authorId":"3586649461380855","name":"leyvancs","avatar":"https://static.tigerbbs.com/c6d87f92e942c5a0c3b06281e083a51a","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3586649461380855","authorIdStr":"3586649461380855"},"htmlText":"Like and comment and I'll do the same !","listText":"Like and comment and I'll do the same !","text":"Like and comment and I'll do the same !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120038513","repostId":1132969592,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120033053,"gmtCreate":1624287488272,"gmtModify":1703832593527,"author":{"id":"3574918518559128","authorId":"3574918518559128","name":"Jabin85","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574918518559128","authorIdStr":"3574918518559128"},"htmlText":"Wow, interesting","listText":"Wow, interesting","text":"Wow, interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120033053","repostId":1132969592,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120092963,"gmtCreate":1624287226052,"gmtModify":1703832585873,"author":{"id":"3578737755692245","authorId":"3578737755692245","name":"Brosnananana","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3578737755692245","authorIdStr":"3578737755692245"},"htmlText":"Yee","listText":"Yee","text":"Yee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120092963","repostId":1132969592,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":97,"commentSize":27,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}