Key Factors To Invest In Energy Patch Today

  • OPEC and their latest production cutback agreement-   positive
  • Weaker OPEC member countries production difficulties – positive
  • Russia cutting production in line with OPEC agreement – positive
  • US Shale Production increasing production  – negative
  • US Dollar Strength  vs. Global currencies – negative
  • Global Economic Growth Improving – positive
  • Trump induced possible global trade war – negative

Conclusion : Crude prices in a trading range between $50 – $55 WTI

Posted in Blog Post.

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