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Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Wednesday, March 27, 2024

Oil Is Grossly Undervalued On Stable Global Economic Growth


Oil is grossly undervalued on geopolitical conflicts. The global economy is moving along well.

Barring a global recession the intrinsic worth of oil is 110 USD. 

Oil majors like Exxon Mobil, Chevron, BP, Shell, Total and medium sized oil drilling companies like Occidental Petroleum, Marathon Oil Corporation, Chesapeake, Devon Energy and Petroleo Brasileiro are undervalued.

The upside for oil majors is 60 %, while medium sized oil companies could gain 120 % in the next 3 years, if the world does not slip into an economic recession lead by either the technology or the banking sector.


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