May. 19 at 9:18 PM
$BATL $INDO $BRN $EONR
Soon the oil mkt will de-taco Trump.
HFI Research said it believes the oil market had already hit a "breaking point," and could eventually enter a vicious cycle where extreme supply shortages spark panic-buying and hoarding. It didn't have a concrete price forecast, but in previous posts, speculated that crude prices rising past
$150 a barrel was possible.
"So yes, we are going to break records," the firm wrote on Monday. "The barrels lost all but guarantee a higher oil price setup."
https://www.msn.com/en-us/money/markets/point-of-no-return-a-research-firm-says-the-oil-market-is-headed-for-a-dire-turning-point-by-early-june/ar-AA23zbUQ?ocid=msedgntp&pc=DCTS&cvid=6a0ca9f40c8241a48d170fc14fe4e728&ei=76&cvpid=6a0cc4043de44ffa87a33a652e605ee1&utm_source=copilot.com