“Are Oil Prices Heading To $64 or $200? Depends On Who You Ask”

“Brent Crude prices are set to retreat to $64 a barrel by the end of 2021, one of Japan’s leading banks says, while the energy minister of a Gulf oil producer warned that the International Energy Agency’s suggestion of no new investments in oil could push oil prices to $200 a barrel…”

https://finance.yahoo.com/news/oil-prices-heading-64-200-170000731.html

So it’s a gamble. Both of these statement could be true you know. It might drop before it raises. Invest to soon and risk losing money short to mid term. Invest to late and the price will be overblown. I think it’s time to keep an eye on oil stocks.

This is just a gut feeling of mine but this feels the same as went silver prices were predicted to increase. They decreased instead which is very strange. That can only happen so long. So I feel like the best decision right now for oil stocks is to watch and wait.