Postcards: We’re Entering an Oil Boom Unlike Any Other – Here’s What to Do About It
June 12, 2023 at 11:16 AM EDT
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 .
