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re: Is now the time to short oil? Buy Inverse oil etf SCO

Posted on 3/2/22 at 9:38 am to
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124668 posts
Posted on 3/2/22 at 9:38 am to
quote:

BofA says if we sanction Russian oil, we'll be looking at $200/bbl

Link?
Live report on CNBC
quote:

Daniel Turner argued on Wednesday that the price of oil can "easily" hit $150 a barrel amid the tension overseas and warned that if sanctions are ever imposed on Russian oil, which he admitted is "doubtful," the price will soar to $200 a barrel.

LINK
quote:

Analysts at Bank of America have said that oil could go as high as $200 a barrel if the Russian supply was completely cut off.

LINK

Posted by Triple Bogey
19th Green
Member since May 2017
6036 posts
Posted on 3/2/22 at 9:48 am to
$200 barrel oil will send our entire economy into a tailspin.
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