Most crude oil price predictions for 2016 are overwhelmingly bearish.
Both Goldman and Morgan Stanley forecast oil to hit $20 a barrel sometime this year - down more than 35% from its current price.
But the head of the third most valuable oil and gas company in the world thinks differently...
Tags: crude oil price, Crude Oil Prices, rds.a, rds.a stock price, Royal Dutch Shell, royal dutch shell stock, shell stock, wti crude oil prices
To get full access to all Money Morning content, click here
About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.
Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.
The post We Just Got Another Bullish Crude Oil Price Prediction from This Oil Giant appeared first on Money Morning - We Make Investing Profitable.
