Published On Apr 10, 2024
Doomberg, Head Writer of the Doomberg Substack, discusses the factors that could push crude oil up to well above $100 a barrel, as well as also bear cases for oil that could cause the price to retrace $50.
*This video was recorded on April 6, 2024
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0:00 - Intro
1:13 - Geopolitical risks and oil
8:00 - OPEC supply
10:20 - Oil price if war breaks out
13:10 - Strategic petroleum reserve
16:10 - Higher oil price and recession
17:35 - Phase out of ICE cars
24:54 - Bearish case for oil
27:10 - Peak oil
32:45 - Doomberg
#economy #oil #investing