Oil Could Hit $85 This Year As Oil Stocks Fall: Mike Rothman

Before the news that Saudi Arabia and Russia had agreed to freeze oil production hit the wires this morning, Mike Rothman's Cornerstone Analytics sent out its Morning Energy Update to clients. And today’s energy update from Cornerstone carried a solid message: the oil market isn’t as oversupplied as many believe and global oil stocks will be pulled down this year, a development which could send Brent prices to $85/bbl.

Also see Andy Hall

$85 Crude Oil Prices By Christmas – An Interview With . . .


This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email support@valuewalk.com and we will get back to you as quick as humanly possible

Saved Articles

Subscribe to our mailing list

* indicates required

Opt out of occasional 3rd party offers