We’re About to Enter a Supercycle for Oil Prices

It’s a convergence of supply-demand fundamentals and political pressure that’s going to generate another massive oil price spike... It’s a convergence of supply-demand fundamentals and political pressure that’s going to generate another massive oil price spike...                                                                                                      [Wealth Daily] Jason Simpkins / Nov 14, 2023 We’re About to Enter a Supercycle for Oil Prices These days, everybody knows me as a defense guy. But before I was a defense guy, I was actually an energy guy. And the reason for that is simple… Oil is the most politicized commodity on the planet. Wars are fought over it. So when I first got into investment research, that’s where my obsession with geopolitics first led. And frankly, I made a lot of money from it — both for myself and for my readers. For about 10 years, from 2007–2017, I racked up massive gains by shorting oil whenever it climbed above $100 per barrel and buying oil whenever it fell below $50. It was such simple, easy money and it always worked. But you know what? That was all child’s play. That’s something I learned a few years ago when I met a real energy investing expert… Keith Kohl. While I was content to profit from the world’s simplest commodities trade, I quickly came to realize that Keith had been lapping me with massive home-run gains over much shorter periods of time. He was scoring gains in weeks and even days that took me months or years to match. Keith has literally called every major move in oil prices over the past 20 years. In September 2007, he predicted oil's historic run-up to over $100 per barrel. Not only that, but the stock he recommended to play it surged over 450% — in less than a year. That handily topped any returns I’d ever generated in the energy industry. Goldman Sachs: AI a "$7 Trillion Opportunity" Banking giant Goldman Sachs just said... That the artificial intelligence (AI) market could be worth $7 trillion in just a few years. And one former Wall Street analysts predicts it could hand you 5,300% profits — thanks to one little-known stock. That’s because this tiny firm holds over 200 patents on an AI breakthrough... One that will be in 70% of cars, 80% of hospitals, and 94% of corporations. To discover the details... [Simply click here.]( Little did I know, though, that was just a layup for a guy like Keith. Because soon after that, this guy dropped a call on Kodiak Oil and Gas that delivered a 6,700% gain. It was around that time I stopped giving energy investment advice and just started taking it from Keith. And really, that’s why I’m writing to you today. Because now Keith is doing it again. He just sent me an early version of his latest report — a report that details the most consequential oil stock of the next decade. But that’s not all. He’s also caught on to something much bigger — a massive years-long trend that will deliver enormous gains to investors. It’s a convergence of supply-demand fundamentals and political pressure that’s going to generate another massive oil price spike — one on par with what we saw in 2008. Except this time even bigger. And there are three reasons why… First, Joe Biden has turned his back on America. For the past three years he’s been instituting energy policy that is detrimental to U.S. oil production. Yet, at the same time, he’s been drawing heavily on America’s strategic oil reserve to keep his 2024 election hopes alive. Secondly, OPEC is up to its old tricks again. With U.S. producers effectively sidelined by Biden, the cartel has been teaming up with Russia to cut production and drive oil prices higher, reaping vast rewards in the process. Just last month, OPEC announced a massive cut of 2 million barrels per day, evaporating 2% of the world's oil supply almost overnight. And that was just the latest in a series of production cuts throughout the past year. [twa plug in payouts]( Still more are coming. And that’s a problem, because thirdly… Global oil demand is on the rise. It hit a record high of 103 million barrels per day in June. And get this: China alone accounted for more than 70% of that demand growth. Indeed, China’s economy regressed in a big way due to COVID and COVID restrictions. But now it’s coming back in a big way. In fact, China already broke its consumption records TWICE this year. In March, China consumed 15 million barrels of oil per day for the first time in history. And just one month later, it hit 16 million barrels for the first time. That rate of consumption is completely unheard of. Again, these trends are powerful and lasting. And they don’t even take into account the broadening war in Israel — a war that is pivoting on Iran and its various proxy groups throughout the world’s most prolific oil producing region. That could even be a fourth catalyst for higher oil prices going forward. Regardless, there’s enough evidence here for a profound explosion in oil prices in the short term. And once again, Keith knows exactly how to play it. He’s triangulated the best investment in the sector by far. So I highly encourage you to [check out his latest report]( like I did. I guarantee you’ll be blown away too. [Just watch.]( Fight on, [Jason Simpkins Signature] Jason Simpkins [Wealth Daily ICYMI Header]( Israel War Triggers Huge Oil Surge: Buy these THREE stocks ASAP Oil prices exploded following Hamas’ deadly attack on Israel... And this price escalation is only beginning as regional conflicts intensify throughout the Middle East. The Strait of Hormuz stands at the forefront of these potential flashpoints. Dominated by Iran, one-fifth of the world’s oil supply passes through this narrow waterway. [ei oil storm] Any move by Iran to block this artery could send oil prices to unprecedented heights. Compounding the potential for a price surge are OPEC giants Russia and Saudi Arabia... Both of which have scaled back their oil production, tightening supply in an already anxious market. However, in the eye of this brewing storm is a golden opportunity for oil investors... I’ve pinpointed three little-known companies poised to capitalize on what may be the biggest oil bull market in history. This is a rare moment. Don't let this once-in-a-generation oil opportunity slip away. [Get all the details, now before it's gone.]( [Feedback? get in touch](mailto:/newsletter@wealthdaily.com?subject=Wealth%20Daily%20feedback) [Read this email online]( [Manage Newsletters]( [Share on Twitter]( You signed up for our newsletter with the email {EMAIL}. You can manage your subscription and get our privacy policy [here](. This email is from Angel Publishing, 3 East Read Street, Baltimore, MD 21202 © Wealth Daily.