Others Are Getting Rich In This...But It Is Not Too Late !! 567 views / Feb 3, 2022
The Money Game With AC 21.3K subscribers
Others Are Getting Rich With This...But It Is Not Too Late !!
Oil has been rallying to start the year, with no shortage of bullish factors working to lift prices to their highest levels in more than seven years, raising expectations that the per-barrel cost of the commodity will soon reach $100.
Front-month global benchmark Brent crude hasn’t settled above $100 a barrel since September 2014, while U.S. benchmark West Texas Intermediate crude hasn’t traded at triple-digit prices since July 2014. However, prices have rallied sharply this week, though finished modestly lower on Thursday. March Brent BRNH22, -0.34% BRN00, -0.34% settled at $88.38 a barrel and March WTI CL.1, 2.24% CLH22, 2.23% was at $85.55.
So far this year, prices based on the front-month contracts are up more than 15% for WTI, and nearly 14% for Brent, according to Dow Jones Market Data
In this video I share with you why the energy sector could be the rarest place to make money in the stock market in 2022.
Can we see another short squeeze? Where Do We See The Price In the next 10 Days?
Disclaimer: I am not a financial advisor and the topics discussed in this video are not to be taken as investment advice. Just my personal opinion being shared. Nothing more.
Last Edit: Feb 3, 2022 22:11:38 GMT -5 by Victor VVV