Oil is making its best start in 30 years

Oil is up nearly 20% year-to-date

Oil is up nearly 20% year-to-date

Is there any more overlooked asset than oil this year?

It has been written off for death with investments fleeing the industry, but oil supplies will be rapidly reduced in the coming months. OPEC + faces increasingly difficult decisions about what to do and the March decision could be the difference between $ 60 oil or a lot more.

Inflation is still a long way off the market, but an unexpected spike to $ 80 or higher in 2022 could turn the script around.

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Categorized as Forex

By Jonathan Prop

Jonathan Prop is an independent financial advisor. He has been working in finance for the last 20 years. After retiring early in his 40s, Jonathan decided to help others get to grip with financial markets, particularly his area of expertise - forex!

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