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home / news releases / recession fears mean opportunity in the oil market

PSCE - Recession Fears Mean Opportunity In The Oil Market

PowerShares S&P SmallCap Energy Portfolio

2023-05-24 02:30:20 ET

Summary

  • Recession fears have led to a sell-off in the price of oil.
  • Oil futures positioning is offsides vs fundamentals.
  • Strong fundamentals and large supply deficits could lead to much higher oil prices.

For further details see:

Recession Fears Mean Opportunity In The Oil Market
Stock Information
Company Name: PowerShares S&P SmallCap Energy Portfolio
Stock Symbol: PSCE
Market: NASDAQ
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