InvestorsHub Logo
Followers 24
Posts 2488
Boards Moderated 0
Alias Born 01/31/2017

Re: None

Thursday, 01/11/2018 6:45:43 PM

Thursday, January 11, 2018 6:45:43 PM

Post# of 29593
$XLE $USO - Gary Ross, head of oil at S&P Global Platts Analytics, who forecast $70 Brent oil last year, sees potential for the market to keep rising as he thinks many are still overestimating the size of remaining inventories.

Eugen Weinberg, head of commodities research at Commerzbank. thinks the oil market is overheating: “$70 is too much. It is not completely unexpected, given the price momentum. But there will be a reaction in U.S. shale, and OPEC’s strategy will backfire massively.”

Track Record In Real Time:
Skype: JettLoneStar Twitter: JettLoneStar

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.