Could oil prices be on the rise?

highpark

Could oil prices be on the rise? The war is unlikely to come to an end, as the goals and ideologies of each side are too far apart, making successful negotiations improbable. Each side is fighting for its survival. The Middle East, a region crucial for oil production, is extremely unstable, which could lead to fluctuations in oil prices.

Sappyguy69

I think oil prices will bottom out around $70.  Anytime it hits the low 70s, buy oil stocks and sell at around 80.

gary88388

In bc, it is going down recently and it is around 165.9

Sappyguy69

Oil prices in September will drop.  I see this as a huge buying opportunity if WTI goes below US$70/bbl.

kuangdaguan

感觉油价最近降低一点了

Sappyguy69

With oil prices just below $70, I did pick up some cheap oil stocks.  MEG just below $25/share is such a good price, IMO.  Hopefully in right.  😬