Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

Oil Prices Are About To Reverse Course

Oil Prices Are About To Reverse Course
- Crude has fallen below $80 on recession fears.

- Some large investment banks including JPMorgan and Goldman Sachs remain highly bullish on crude.

- Aramco CEO Nasser: the oil market is not in balance, and supply is getting tighter because there is little in the way of new supply to make up for natural depletion. $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Occidental Petroleum (OXY.US)$ $Crude Oil Futures(FEB5) (CLmain.US)$ $Camber Energy (CEI.US)$ $Imperial Petroleum (IMPP.US)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
1
1
16
+0
30
Translate
Report
115K Views
Comment
Sign in to post a comment

View more comments...