Crude to $100: Trader makes the case for a spike in oil prices – opinion

March 14, 2021 Stu Turley Crude Oil News, ENB Pub Note, Finance, Fossil, Industry Insights

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CNBC Opinion:

Crude oil prices are on a path to heights not seen since 2014, according to one chart analyst.

As the energy sector tracks for its best quarter on record with a year-to-date gain of 40% there’s “clearly some upside” for oil prices as well, Piper Sandler’s Craig Johnson told CNBC’s Trading Nation on Friday.

 

Energy News Beat Publishers Note: We do not see the support for $100 oil, but rather a lot of pent-up delirium and hopefulness.

 

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About Stu Turley 4818 Articles
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.

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