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FREE RAPID SIGNAL BUY NOW WTI (USOIL) Our oil positio | Focal Community Group (FXSignals)

FREE RAPID SIGNAL
BUY NOW WTI (USOIL)

Our oil position (Brent) hit TP overnight. We stay LONG in oil, which are back on the rise and continue to move towards $90 as we predicted earlier this month. Top oil producer Saudi Arabia dismissed another requests for additional OPEC+ supply, keeping oil supply tight. In addition, rocketing gas and coal prices stoke a switch to oil products. While oil prices rise, it's in particular the rising coal and gas prices that push the whole energy complex higher - oil just "benefits" from it strongly. The IEA said predicted yesterday evening that the ongoing energy crunch is expected to boost oil demand by 500,000 barrels per day (bpd). According to the EIA calculations it would mean roughly a supply gap of 700K bpd through the end of the year. While many investors and especially governments don't want to believe the reality yet, I see oil in the middle of a strong multi-year cycle. Emission targets will also reduce investments for more natural resources, while demand will continue to to rise throughout this decade. Oil is rising further - also short-term.

Tip: Multiply your usual lot size by ~ 11 - 13 (1,100% - 1,300%) trading WTI (USOIL).

Signal delayed by ~ 20 minutes
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We won 21 from our last 22 oil & gas trades*
We won 16 (!!!) oil & gas trade in a row now

(*including oil & gas companies + CAD, NOK trades based on oil)