You Need to Protect Against What's Coming With Oil
April 24, 2023 at 16:30 PM EDT
You Need to Protect Against What's Coming With Oil I told you last week that I'm bearish oil. That piece was a fundamental analysis of the situation that uniquely impacts the price of this commodity. When Tesla sees demand drop, it has to lower the price of its cars to incentivize purchases. When oil sees demand drop, OPEC+ cuts supply. Fundamentally speaking, you cannot […] The post You Need to Protect Against What's Coming With Oil appeared first on Money Morning - We Make Investing Profitable .