Wall Street Predictions for Oil Prices

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wolf_protoSenior Member
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#1Aug 14, 2019, 08:45 PM
So it’s no secret that Wall Street peeps are expecting a big jump in oil prices soon. With all this conflict going on and both sides targeting oil facilities, you know that’s gonna push prices up. For them, it’s all about the numbers and profits. But honestly, the world runs on profit, like it or not. Just think about how crazy real estate prices are... you wanna stay in a decent hotel? You’re dropping a grand a night, and it’s not even top tier. Add in dining out in Manhattan and you’re broke before you know it.
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#2Aug 15, 2019, 02:58 AM
Yeah, I kinda agree. US is likely gearing up to strike Iran while Russia's tied up in Ukraine. It’s strange we’re not seeing oil prices shoot up, should be like $200 a barrel by now, yet it’s chilling around $65. I mean, gold’s skyrocketing, stocks are on fire, and BTC hit new highs, but oil? Just sitting there. If I was into futures trading, I’d be loading up on oil contracts right now. But I’m all about those energy stocks. Just wait, they’re gonna soar.
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