5min chapter

Forward Guidance cover image

OPEC To The Rescue | Rory Johnston’s Cautious Bull Case For >$80 Oil

Forward Guidance

CHAPTER

The Supply and Demand Side of the COVID Crisis

The global economy has essentially been on this two track kind of path over the past year. And that is that on the goods and industrial side has been very weak. On the services and consumer side, fuels like gasoline and jet fuel have been performing much better. Now going forward, I would expect barring kind of a hard landing, you would expect that to kind of re accelerate.

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