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Abraham: Oil Likely To Hit $200 A Barrel Within Next Year

Abraham: Oil Likely To Hit $200 A Barrel Within Next Year

FromSchwab Network


Abraham: Oil Likely To Hit $200 A Barrel Within Next Year

FromSchwab Network

ratings:
Length:
8 minutes
Released:
Aug 30, 2022
Format:
Podcast episode

Description

"The oil price could hit $200 a barrel within the next year, which would translate to $10 a gallon at the pump. Investors are not stepping up on a global scale to meet immediate demand for oil and gas. Despite growing energy demand, there are fewer working oil and gas rigs today than before the pandemic," says Salem Abraham. Abraham states that people should invest in CTAs and alternatives to take advantage of volatility, as well as crude oil futures and gasoline call options. The Abraham Fortress Fund (FORTX) is a 5-star fund that is designed to protect capital by combining traditional and alternative investments and capping equity exposure.
Released:
Aug 30, 2022
Format:
Podcast episode

Titles in the series (100)

A unique lineup of financial news and education programs, all available to stream without a subscription. Listen to industry experts track market action and interpret how it may apply to your investment portfolio. Get real-time insights, commentary, and exclusive access to CEOs, analysts, and market experts. Empowering Every Investor and Trader. Every Market Day. Produced by TD Ameritrade Media Productions Company, a wholly-owned subsidiary of TD Ameritrade Holding Corporation. TD Ameritrade Holding Corporation is a wholly owned subsidiary of The Charles Schwab Corporation. TD Ameritrade Media Productions Company is not a financial adviser, registered investment advisor, or broker-dealer. THE TD AMERITRADE NETWORK SITE, CONTENT, APPS, AND RELATED SERVICES, ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Japan, Saudi Arabia, UK, and the countries of the European Union. All TD Ameritrade Network content © TD Ameritrade Network. All rights reserved.