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Strategies & Market Trends : Option Strategies
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To: sm1th who wrote (2582)3/28/2025 4:59:47 PM
From: robert b furman1 Recommendation

Recommended By
toccodolce

   of 2591
 
Hi Sm1th,

All we need is tough sanctions on Iran and Venezuela's sanctions continue, crude will be tight all summer, even with OPEC+ adjustments up - if they all can do that?

Some say the Permian has plateaued.

If so, more drilling of marginal wells will be required to keep current production. That will require higher crude prices for it to be justified.

Bob
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