Oil Went Below $0. Some Think It Will Rebound to $150 One Day.

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Oil markets began the 2020s by nosediving below $0 a barrel for the first time. Investors and analysts are now trying to work out what the rest of the decade holds in store.

Some think the bust will set in motion a boom, predicting that investment in

oil-and-gas production will dry up and propel crude prices back above $100 a barrel.

 

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Yeah wake me up when this happens cuz that be a dream

“We could hit $150 oil pretty easily by 2025.” - CIO of Northern Trace Capital

I hope not but I am also ready to do away with driving.

$150 a barrel ? … not if Elon Musk and a host of similar forward-thinking folks can mass-produce 'affordable'' electric cars !!!

The next decade holds consistently declining demands of oil due to the quickly emerging and rapidly improving EV market. I would invest in something else.

Below 0? THEN I WILL BUY YOUR ENTIRE STOCK.. As long as you Gib moneys :D

Dream on. Natural gas & hydrogen.

Ffs I live in Finland but of course it is going to go up like a rocket just wait and see. For the world economy solutions by investors like me it is very important to help us cos we are researching on how to make oil sustainable. Aramco and oil_and_gas realDonaldTrump

nah, oil has it's days. It's time for sustainable energy.

It’s always about money. Move on and help the world environmentally. Just because you won’t be here for the collapse of the world doesn’t mean you shouldn’t care.

Let's go ahead and keep that price nose diving. The closer to 0 the better

But there is no post covid period . Even with vaccine, we will be forced to live with covid for ever .

I 👂 hear that...

I bloody hope so considering I invested in Royal Shell shares

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