Home > NewsRelease > US Shale Oil: Black Gold, Red Ink
Text
US Shale Oil: Black Gold, Red Ink
From:
Albert Goldson --  Indo-Brazilian Associates LLC Albert Goldson -- Indo-Brazilian Associates LLC
For Immediate Release:
Dateline: New York , NY
Wednesday, April 01, 2020

 

Energy prices will continue to fall to historically low levels as countries recover from Covid-19 yet fear a resurgence until a vaccine is developed.

With almost zero global demand even an amenable OPEC+ is powerless to firm oil prices.

In a world drowning in oil, US shale oil is drowning in red ink as bankruptcies accelerate.

By late 2020 intrepid investors should consider energy investments which will be bargains prior to a 2Q2021 uptick, albeit tepid, in global economic activity.

To access the particulars of this article please click on the following link:

US Shale Oil: Black Gold, Red Ink
 
Executive Director
Brooklyn, NY
917-710-7209