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re: Future oil price?

Posted on 5/9/23 at 6:50 am to
Posted by MorningWood
On the coast of North Mexico
Member since May 2009
2677 posts
Posted on 5/9/23 at 6:50 am to
I expect oil to dip pretty good coming up soon if the economy goes into recession which is expected.
Posted by Tigerfan1274
Member since May 2019
3244 posts
Posted on 5/9/23 at 6:53 am to
quote:

I expect oil to dip pretty good coming up soon if the economy goes into recession which is expected.


Agree. How much will it dip? Who knows. With declining inventories, the only reason oil is not much higher now is likely due to the threat of recession.
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