Betting on Oil: “Next $15 Price Target Is a Move Higher”

Published on
December 6th, 2021
Duration
33 minutes


Betting on Oil: “Next $15 Price Target Is a Move Higher”

Tony Greer Interviews ·
Featuring Tracy Shuchart and Tony Greer

Published on: December 6th, 2021 • Duration: 33 minutes

After nailing previous calls on oil price action, Tracy Shuchart returns to share why another oil bull run is just around the corner. Now, with fears of the Omicron Variant, an unstable U.S. Energy Policy, and price inflation upon us, Hedge Fund Telemetry's Shuchart shares with Tony Greer of TG Macro why the bull case for oil in 2022 is more than probable. Although the government’s recent oil reserve releases were a step to quell the massive energy demand for oil, the U.S. is now relying on other countries for production, weakening their own power in the energy market. Recorded on November 30, 2021.