Following chart reference from $JPMorgan Chase(JPM)$ Star Analyst. I too believe the potential of the next super cycle in Oil is near after Covid 19 that brought Oil to the bottom. I long $Exxon Mobil(XOM)$ $BP PLC(BP)$ as I bet on Aviation still need Oil to take-off, there is no Electric Plane (EP) and Fuel cell at Airport is not mature yet. The need to travel will boost the further consumption. OPEC supported by cutting supply that drive up the Price to be good for their pocket. China will likely be the key factor to sustain this super cycle as huge consumption will drive the price further. Black Goldbsupercycle.  

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

  • Top
  • Latest
empty
No comments yet