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Tags: Oil

Why I Know Crude Oil Prices Have Much Further to Climb

By Dr. Kent Moors, Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI • July 7, 2018

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Dr. Kent MoorsDr. Kent Moors

It's been four years since we've seen oil prices at levels anywhere close to this.

New York benchmark West Texas Intermediate (WTI) is now comfortably above $74 a barrel, while London-traded Brent Crude is closing in on $76.

For months now, I've been saying that despite the record surge we've seen this year, we've still only seen the tip of the iceberg for oil's big comeback.

Year to date: WTI has surged 22%, with Brent posting a gain of about 13%.

But why am I so bullish on the black stuff's future?

The most telling indicator is this one...

Here Are 10 “One-Click” Ways to Earn 10% or Better on Your Money Every Quarter

Appreciation is great, but it’s possible to get even more out of the shares you own. A lot more: you can easily beat inflation and collect regular income to spare. There are no complicated trades to put on, no high-level options clearances necessary. In fact, you can do this with a couple of mouse clicks – passive income redefined. Click here for the report…

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Dr. Kent MoorsDr. Kent Moors

About the Author

Browse Dr. Kent's articles |

Dr. Kent Moors is an internationally recognized expert in oil and natural gas policy, risk assessment, and emerging market economic development. He serves as an advisor to many U.S. governors and foreign governments. Kent details his latest global travels in his free Oil & Energy Investor e-letter. He makes specific investment recommendations in his newsletter, the Energy Advantage. For more active investors, he issues shorter-term trades in his Energy Inner Circle.

… Read full bio

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Gerald Kirkpatrick
Gerald Kirkpatrick
5 years ago

This is the first of your articles I have read. I look forward to reading more.

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