Tez8

LONG Oil (Brent) - Target $150 in 2022

Long
FX:UKOIL   CFDs on Crude Oil (Brent)
SUMMARY: LONG, oil and gas is heading for multi-year bull run.


Expect to hit new all times highs in 2022 over $150.


1. Underinvestment in industry, leading to reduced supple.

2. Excessive broad money ( M2 ) money creation by all major central banks.

3. Bottlenecks in supple chains and increased risks in transportation.

BBG article - Natural Gas up 1000%
https://www.bloomberg.com/news/articles/...



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*Not financial advice and is for educational purposes only. Always DYOR.

SO: What do you think? Let me know below.