Oil is back above $94 on the New York Mercantile Exchange. The market is assuming that gas consumption will stay strong on holida travel and that a cold winter will also keep demand high.
More important, the US, the EU, and China have all asked OPEC to increase supply at its December meeting. The cartel has shown no intrerest in cooperating. As a matter of fact, the oil producers have indicated that they want to see a fall-off in US investment in nuclear and bio-fuel energy sources. Any real success in these areas could cut oil demand a decace of more out. And, OPEC wants to make sure it is still bringing in plenty of money then.
Douglas A. McIntyre
“The Next NVIDIA” Could Change Your Life
NVIDIA has returned 250-fold in the past 10 years as artificial intelligence took off.
But if you missed out on NVIDIA’s historic run, your chance to see life-changing profits from AI isn’t over.
The 24/7 Wall Street Analyst who first called NVIDIA’s AI-fueled rise in 2009 just published a brand-new research report named “The Next NVIDIA.”
The report outlines key breakthroughs in AI and the stocks ready to dominate the next wave of growth. The report is absolutely free. Simply enter your email below
By providing your email address, you agree to receive communications from us regarding website updates and other offerings that may be of interest to you.
You have the option to opt-out of these emails at any moment. For more information, please review our Disclaimer and Terms of Use.
