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Sunday, 05/30/2021 8:28:11 AM

Sunday, May 30, 2021 8:28:11 AM

Post# of 24221
Crude Oil Price Forecast to Dramatically Rise

This is mainly attributed to world supply diminishing.

In Feb this Year, Barron's came out with an article that described the specter of Crude Oil being set for a Bull Run hitting $100/barrel (currently in the mid $60 range). Bank of America Institutional Investors concur with this price point and Bloomberg noted that Call Options for $100/barrel rose 400% for December 2022.

https://www.barrons.com/articles/100-oil-more-possible-energy-stocks-monster-upside-51614272755

This article concurs with another that forecasts Crude Oil rising even higher $185 to $200/barrel long term beyond 2022.

https://www.thebalance.com/oil-price-forecast-3306219

The implications of this are fundamental to VBHI due to its extensive Crude Oil producing asset portfolio that's expanding. No doubt this will bode well for strong long term company growth with substantial consistent rises in Share Price!

Essentially, the rising demand & price of Crude Oil has created its own Bull Market Run insulated from prevailing Market conditions!

Be well and prosper...

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