Oil And gas are undervalued on the recent Saudi Arabia and Russia supply cuts.
Furthermore, Ukraine striking Russia oil exporting facilities could further disrupt oil and gas supply.
Oil and gas prices have been artificially depressed due to the ESG trend, but more and more companies realize oil and gas are here to stay, for the mid-term at least.
A fair barrel of oil price is 110 USD, according to Wolfteam Ltd.'s corporate opinion.
No comments:
Post a Comment