It's funny, Josh Young, who appears to be a pretty smart oil analyst is predicting a huge shortage of oil and a significant rally. I guess they both can't be right at the same time! fWIW, and as I'm just an FX poet, my take is lower is still the way forward.
I’ve seen several bullish notes. The idea is OPEC is lying about increases totaling 2.3 mmbpd. These analysts say it’s 800 k total. Macquarie said the glut at sea is already huge. They do alot of commodities biz. Oil… everyone lies in oil…
does anybody have any questions?
lol ... shoot.
Oh to be young again....You could put a photo of that performance on a Grecian Urn.
It's funny, Josh Young, who appears to be a pretty smart oil analyst is predicting a huge shortage of oil and a significant rally. I guess they both can't be right at the same time! fWIW, and as I'm just an FX poet, my take is lower is still the way forward.
I’ve seen several bullish notes. The idea is OPEC is lying about increases totaling 2.3 mmbpd. These analysts say it’s 800 k total. Macquarie said the glut at sea is already huge. They do alot of commodities biz. Oil… everyone lies in oil…
not just oil 🤣
Josh is a great small cap O&G analyst, but his macro calls have been an embarrassment.