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Oil price analysis

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The link is about derivatives on the oil price. But I see another good trading opportunity. Because contrary to the assumption in the article that they want to hit countries like Kazakhstan and Iran, I see a completely different target. That is the US fracking industry. The USA is now the largest single producer in the world due to the immense investments in this sector. 13.5 million barrels per day. This is a thorn in OPEC's side, as it jeopardizes OPEC's supremacy. So they are trying to use the oversupply to push prices so low that the business is not worthwhile for the fracking companies. Donald Trump is satisfied with expensive Arab investments in other areas and has long since deviated from his drill baby drill actions. He knows full well that US citizens are more enthusiastic about falling energy prices, regardless of what causes them. It could therefore be interesting to bet on falling prices for US fracking companies.
Yesterday, OPEC announced a further increase in production quotas of over 400,000 barrels/day from July 1.
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