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The Surprising Reason Why You Should Buy Oil Right Now

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Sat, Jan 20, 2024 04:01 PM

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I didn’t buy that fairy tale and neither did... I didn’t buy that fairy tale and neither d

I didn’t buy that fairy tale and neither did... I didn’t buy that fairy tale and neither did...                                                                                                      [Outsider Club Header] Jan 20, 2024 By Keith Kohl for the Outsider Club The Surprising Reason Why You Should Buy Oil Right Now History is full of fortune tellers. The ancient Greeks had The Pythia of Delphi, a high priestess possessed by Apollo who delivered messages for those that sought her out for advice.  In the 16th Century, the French had Nostradamus whose cryptic rhyming quatrains are still being interpreted today. Much later, there was even Edgar Cayce who would reveal the future events of the 20th Century while asleep. But you don’t need leaking vents of ethylene gas in Delphi, or read the tea leaves in bad French poetry, or even get astral projections to send your mind into the spirit world to see what’s ahead in 2024 for crude oil. In fact, there’s one signal right now that’s pointing to oil heading much higher this year. Do NOT Buy Another Stock Until You Read This! Artificial intelligence has kicked off a new bull market. As Bloomberg puts it, "A serious rally has... erupted"... CNBC says, "[This] explosion could save the market and maybe the economy... And Forbes reports AI has minted the youngest self-made billionaire in the world, a 25-year-old college dropout. But if you want to profit from this boom, you should steer clear of the usual suspects like Microsoft, Nvidia, or Google. For the opportunity to rake in truly life-changing gains, there’s just one stock you should buy today. Analysts believe this is [THE superior AI play.]( Early customers include the U.S. Air Force, Cisco, and Raytheon... And with a massive announcement around the corner, shares are destined to soar. [Find out how to position yourself today for maximum gains.]( China Monster Demand Driver Throughout the early parts of 2023, we were told that China’s economy was on the brink of collapse; that its economy was on the precipice and once it teeters over the edge, there would be no stopping the destruction. I didn’t buy that fairy tale and neither did my readers. What happened? Well, it turns out that China imported more oil than ever before! In fact, we now know that China’s imports averaged 11.28 million barrels per day last year — a 11% increase compared to 2022. Upon reflection, was it REALLY a hard call to make considering that China had just lifted its oppressive COVID restrictions? Of course not. URGENT: Look at This Map of America... [TWA EV Payouts after map] There’s a silent invasion happening. Those black dots you see are electric vehicle charging stations — but they’re not like any chargers you’ve seen before. Because every one of those units could soon be putting money directly into your bank account... Twenty-four hours a day, seven days a week. [Click here to discover what may be the biggest income opportunity of your lifetime.]( According to the IEA, China’s petrochemical demand is going to drive global oil consumption in 2024, and today it has officially surpassed pre-COVID levels: [china oil demand] We’re not just talking about jet fuel, gasoline, and diesel either. These are the products you won’t hear people talking about — clothing, plastics, detergent, fertilizer — the things we use everywhere and everyday in our lives. And believe it or not, this is a win-win situation for the United States. If there’s one thing that China will need to satiate this growing hunger, it’s petrochemical feedstocks. Demand for products like naphtha, liquefied petroleum gas, and ethane in China is nearly 2 million barrels per day higher than its pre-COVID peak in 2019. Fortunately, there’s one place they can count on to boost their imports of these products: The United States. Thanks to surprisingly higher supply in the U.S., China has found the perfect source for its needs, and it turns out that the U.S. is exporting a significantly higher amount of these products to both China and Europe. I’ve said before that crude oil at $70 per barrel is not only a gift, but a screaming buy right now. [The only question left is whether you’re going to stay on the sidelines for this one or not.Â]( Until next time, [Keith Kohl Signature] Keith Kohl [[follow basic]Check us out on YouTube!]( P.S. Today’s article was originally published by our sister publication [Energy and Capital](, which is solely dedicated to helping readers profit from the ever-expanding and ever-changing energy sector. If you would like to receive daily free email investment letters from the editors of Energy and Capital, [simply click here.]( Follow the Outsiders [YouTube]( This email was sent to {EMAIL}. You can manage your subscription and get our privacy policy[here](. Outsider Club, Copyright © Outsider Club LLC, 3 E Read Street Baltimore, MD 21202. Please note: It is not our intention to send email to anyone who doesn't want it. If you're not sure why you're getting this e-letter, or no longer wish to receive it, get more info [here]( including our privacy policy and information on how to manage your subscription. If you are interested in our other publications, please call our customer service team at [1-855-496-0830](tel:/18554960830).

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