Drilling and Reserves Are Down Equals Prices up? - Mineral Royalties #oilprices #oilandgas #oil
There has been a lot of news recently, in the world of oil. The following headlines are linked below…
Oil, Gas Drilling Dips To February 2022 Low As Oil Prices Hover Near 2023 Highs
https://oilprice.com/Energy/Energy-General/Oil-Gas-Drilling-Dips-To-February-2022-Low-As-Oil-Prices-Hover-Near-2023-Highs.html
Oil prices are surging again, but this time Biden has way less ammunition to bring them down
https://markets.businessinsider.com/news/commodities/oil-prices-strategic-petroleum-reserve-joe-biden-inflation-fed-rates-2023-9?op=1
https://www.eia.gov/petroleum/supply/weekly/
Opec chief warns on 'dangerous' lack of oil investment
This could lift prices above $100 before year-end. That could make for a nice Christmas bonus, don’t you think?
http://www.tradearabia.com/news/OGN_414096.html
Today we read that OPEC+ Leaves Oil Production Levels Unchanged.
https://oilprice.com/Latest-Energy-News/World-News/OPEC-Leaves-Oil-Production-Levels-Unchanged.html
Oil: 'Demand destruction has begun', say JPMorgan analysts
https://www.msn.com/en-us/money/markets/oil-demand-destruction-has-begun-say-jpmorgan-analysts/ar-AA1hGZCB
What does all this mean?
Well, if you have a crystal ball and can see into the future, let me know.
If you would like to learn how to receive a royalty check in an up and down market, feel free to give us a call. We have a lot more Insite to share. Thank you!
Visit our website. https://mineralroyaltiesgroup.com/
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This video is meant for educational or entertainment purposes only. This video is not a solicitation. I am not a lawyer, CPA, or financial advisor and I am not giving legal, financial, or tax advice.
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