All very Bullish on oil - ENQ should surprise in 20224 Dec 2021 10:54
- Goldman on today's selloff. "The market has now priced in a mammoth c.7 mb/d negative demand hit over the next three months, with no offsetting OPEC+ response." = not a single plane flying for 3 months or worse off than before vaccines...gamma does what gamma wants. #oil #OOTT
- Oil may hit $150 and a surge could ‘definitely escalate an inflation scare,’ says Jefferies
JPMorgan has said they expect oil to overshoot to $125/barrel in 2022 and $150/barrel in 2023, citing lower than expected OPEC spare capacity.
@jpmorgan's case for $150 oil and Supercycle 4.0 in charts. #oott
Enq SP has been very resilient and generally been tracking BP unlike Tullow, HBR & Genel etc....
AB owes us all a decent 2022...