🌎 Major investment banks forecast two stages for oil: a decline due to oversupply, followed by growth from 2027 due to a lack of investment.
After 2027: A prolonged growth period will begin due to a shortage of raw materials.
A gradual, slow decline in oil prices is observed.
We are near a support level, a break of which could accelerate the decline in prices.
After 2027: A prolonged growth period will begin due to a shortage of raw materials.
A gradual, slow decline in oil prices is observed.
We are near a support level, a break of which could accelerate the decline in prices.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.