As I mentioned 10 months ago about the worst World Crisis of 2023. I wanted to share this analysis on the price of OIL and its derivatives, as well as gasoline, it will be affected and is being affected along with oil.
There are many indicators that indicate the coming crisis of 2022-2023... This crisis, the worst of all, "The crisis of everything" creates a gigantic DOMINO effect. MASSIVE MONEY PRINTING, Inflation, Oil inflation, transport price rise, food price rise, real estate inflation and exorbitant prices, etc....
It's very simple: when the first "domino" falls and begins to push the rest (the bubble bursts), and I reach the "domino" of oil, there will be a SUPPLY SHOCK in Oil and its derivatives, obviously. People will not be able to afford the exorbitant and INFLATIONARY prices of Oil and derivatives.
There will be no time nor will it be possible to reduce the SUPPLY in advance, because by reducing the SUPPLY at this moment, as there is a high level of demand right now. The price of oil and gasoline will rise shamelessly... It would be UNSUSTAINABLE and would produce new bubbles ("refilled with oil") distributed by all the oil companies, gas stations, and in turn throughout the world. Where they are, they WILL BURST IMMEDIATELY "when exposed to transportation traffic."
I also wanted to talk to you about the Gas Stations and their arrangements with the Bank... Banks hold Oil as well as Gold and other financial assets. Imagine that a bank has a paper that says that it has 11B dollars in oil, and this oil was provided by a gas station and/or its relations and suppliers of this gasoline / oil. When the gas station goes BANKRUPT, the paper that the bank owned will become "Wet Paper"... Please think about it... The number of gas stations that can go bankrupt and the number of producers of oil and its derivatives that can be greatly affected.
As you can see in the graph this is my analysis and I think that Oil will not be saved from this crisis...
I AM NOT RESPONSIBLE OR A FINANCIAL ADVISOR, PLEASE DO YOUR OWN INVESTIGATION IF YOU WISH TO INVEST.
Thank you very much for reading and a like will be appreciated ;)
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