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LUKOY - Why Oil Is Likely Headed Much Higher From Here
February, 09 2021 01:07 PM
PJSC Lukoil ADR
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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