Looks like 2022 could guarantee an even hotter oil market $AGYP
We are definitely getting close to that $100 mark.
Quote: The nation's top energy analysts see crude reaching $100 per barrel and higher. Goldman Sachs predicts $125 oil this year and remaining at $105 in 2023. $AGYP
OPEC+ has planned to increase oil production up to another 400,000 bpd as of next month. However as OPEC+ continues to increase production levels each passing month, its excess capacity diminishes along with its ability to respond to increased demand. This is where domestic producers like $AGYP can benefit greatly.