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home / news releases / LUKOY - Why Oil Is Likely Headed Much Higher From Here


LUKOY - Why Oil Is Likely Headed Much Higher From Here

  • Oil's supply demand dynamic illustrates that higher prices are probable.
  • OPEC+ nations led by Russia and Saudi Arabia are likely to continue to create artificial supply constraints in the market.
  • On the other side of the equation, oil demand is likely to rise notably as the coronavirus pandemic eases into H2 and 2022.
  • Finally, there is the inflation factor that is likely to enable oil prices to appreciate notably into year-end and next year.
  • Some companies that we like going forward.

For further details see:

Why Oil Is Likely Headed Much Higher From Here
Stock Information

Company Name: PJSC Lukoil ADR
Stock Symbol: LUKOY
Market: OTC
Website: lukoil.com

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