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A $200 oil forecast even without rapid Middle East escalation

A commentator says global money supply shows no real demand destruction and calls the oil market extremely tight.

Karel MercxKM
1 Source, 5h ago, first seen 5h ago

TLDR

A commentator predicts oil will reach $200 even if Middle East conflict drags on; a quick escalation could bring that price sooner. They cite an oil shortage and what they see as a lack of demand destruction in global money supply, and argue that rising oil prices would lift inflation and interest rates.

Combined views

24.2K

1 Source, first seen 5h ago

418 likes32 comments78 saves77 reposts

Combined views

24.2K

1 Source, first seen 5h ago

418 likes32 comments78 saves77 reposts

Sentiment

Positive——Negative

Summary

Not enough discussion yet.

No sentiment analysis available yet.

Featured Source

Sentiment

Positive——Negative

Summary

Not enough discussion yet.

No sentiment analysis available yet.

1 Source

Karel Mercx@KarelMercxOil is on its way to $200. The main reason is that global money supply still shows no real demand destruction, let alone a global recession. Global money supply is basically all the money moving through the world economy. Look at 2022, when inflation and rising rates pushed it sharply lower. There is an oil shortage. Oil prices will rise, inflation will rise, and interest rates will rise. As more money goes toward servicing and paying down debt, less money circulates through the economy, pushing global money supply lower. If the Middle East escalates quickly, $200 could come very fast. The attack on Riyadh airport is worrying. But even if the conflict keeps dragging on, oil will still reach $200. Look at the post below. The oil market is extremely tight.5h
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    1 Source

    Karel Mercx@KarelMercxOil is on its way to $200. The main reason is that global money supply still shows no real demand destruction, let alone a global recession. Global money supply is basically all the money moving through the world economy. Look at 2022, when inflation and rising rates pushed it sharply lower. There is an oil shortage. Oil prices will rise, inflation will rise, and interest rates will rise. As more money goes toward servicing and paying down debt, less money circulates through the economy, pushing global money supply lower. If the Middle East escalates quickly, $200 could come very fast. The attack on Riyadh airport is worrying. But even if the conflict keeps dragging on, oil will still reach $200. Look at the post below. The oil market is extremely tight.5h
    Today's Rank

    #17

    Today's Rank

    #17