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Oil breaks 3-year record

Larson&Holz

Disclaimer

Larson&Holz analysts recommend making deals to buy Brent and WTI oil. This recommendation is based on several fundamental factors. Firstly, OPEC and Russia have reached an agreement that will be working till the end of 2018. Secondly, DOE (United States Department of Energy) has released a report that claims that crude oil stock have decreased by 1,1 mln of barrels per week.

All of this make us believe that in the very nearest future the oil rate will rise by at least 5-7%.

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