learnaboutbit on Nostr: Interested to see where the price of oil heads over the next 12 months or so. On one ...
Interested to see where the price of oil heads over the next 12 months or so.
On one hand, we’re seeing economies slow around the world, which is decreasing demand for oil.
On the other, we’ve seen global conflicts steadily escalating. If the Middle East conflict continues to escalate/expand we could see major disruptions in supply. We could also see a major spike in demand as nations look to gear up their military.
Where do you think the price of crude oil is around this time next year?
#oil #energy
On one hand, we’re seeing economies slow around the world, which is decreasing demand for oil.
On the other, we’ve seen global conflicts steadily escalating. If the Middle East conflict continues to escalate/expand we could see major disruptions in supply. We could also see a major spike in demand as nations look to gear up their military.
Where do you think the price of crude oil is around this time next year?
#oil #energy