Oil stocks
This group is to discuss oil companies
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How much higher oil prices can go?
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How much higher oil prices can go?
Is there more room for oil stocks to go higher than what it is now?
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2 Replies
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Yeah, oil stocks did well in 2022. I am thinking the trend will continue throughout 2023 as well, unless we go into a mini bust cycle. In my opinion the conditions are favorable for oil stocks to do well over the next few years. That’s just my opinion and how I see things.
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An article on Barron’s talked about commodities super cycle and says we are not even half way through it.
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