RE:JPMorgan’s $125 oil in Q2 Thanks Red, I do like to read anything from Michael Tran.
The $100+ stuff doesn't excite me much though...I prefer opinions on longevity...
I would be very happy with $80 for 3 years...but that's just me.
red2000 wrote: JPMorgan’s oil price forecasters published a note calling for $125 oil in Q2 of this year (NYSEARCA:USO), as OPEC+ is unlikely to deviate from targeted quota, driving a “risk premium” of $30 per barrel (NYSE:CVX) (NYSE:XOM).
– JPMorgan has been bullish on oil for several months now, as their team has flagged the potential for OPEC+ undershooting quotas, a view that has thus far proven out and become relatively consensus across the Street.
We don't need that much ! For my point of view ! We need a better evaluation with real fundamental data to be able to evaluate properly
the real value of energy sector company and compare it !!!
Like many others sectors do ! O Well !
– RBC’s commodity team published a note Monday morning, calling for $115 ...
