In fact, that view is one I'd rather favor on my latest crude oil idea.
For whatever reasons?
Very easily:
- Especially since it has been empirically proven in the past that when the USD strengthens, resource and crude oil prices weaken.
- an effect which has not yet occurred due to the Ukraine purchase shock and the inflationary pressure.
Consolidation has so far only taken place on a small scale. So the question is, since the strengthening of the USD has already started, will the real effect still happen?
Or will it happen that inflationary pressure and a low supply will allow oil prices to continue to rise?
I am excited !
What is your opinion ?
For whatever reasons?
Very easily:
- Especially since it has been empirically proven in the past that when the USD strengthens, resource and crude oil prices weaken.
- an effect which has not yet occurred due to the Ukraine purchase shock and the inflationary pressure.
Consolidation has so far only taken place on a small scale. So the question is, since the strengthening of the USD has already started, will the real effect still happen?
Or will it happen that inflationary pressure and a low supply will allow oil prices to continue to rise?
I am excited !
What is your opinion ?
