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What Happens to Oil Prices After Big Spikes?

What Happens to Oil Prices After Big Spikes?

FromThe Real Investment Show Podcast


What Happens to Oil Prices After Big Spikes?

FromThe Real Investment Show Podcast

ratings:
Length:
4 minutes
Released:
Jun 22, 2022
Format:
Podcast episode

Description

(6/22/22) Markets bounced 2% following a long weekend break. This morning's early morning sell-off may keep prices suppressed. Consolidations lead to failures and short-term increases, making it difficult for investors to make any returns. Oil prices are beginning to exhibit this behavior, too, down about 4% after big run up. We're looking for a bounce at about $96 to $100/bbl. As demand slows down as the economy weakens, the diminished demand for fuel will further weaken prices. Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ -------- Watch the video version of this report by subscribing to our YouTube channel: https://www.youtube.com/watch?v=V8ROFhlaCmI&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 -------- Articles mentioned in this report: "Oil Price Reversions – The Inevitable Outcome Of Recessions" https://realinvestmentadvice.com/oil-price-reversions-the-inevitable-outcome-of-recessions/ ------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #OilPrices #MarketBounce #SupplyDemand #Markets #Money #Investing
Released:
Jun 22, 2022
Format:
Podcast episode

Titles in the series (100)

It's a show about life, markets, sweat-equity, and the pursuit of wealth in a capitalist market.