By Postcards: We’re Entering an Oil Boom Unlike Any Other – Here’s What to Do About It
Dear Old Friend, Despite Goldman Sachs’ new $90 price target for oil, West Texas Intermediate (WTI) crude is down 3% to start the week. No surprise. As I said yesterday, ignore them. Invest in oil stocks as if crude will trade between $65 to $70 in 2023. From there, focus on names with strong management, […]
Tags: Oil, OVV, OXY, PDCE, PERMIAN, PR, XOM
The post Postcards: We’re Entering an Oil Boom Unlike Any Other – Here’s What to Do About It appeared first on Money Morning – We Make Investing Profitable.
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