Sentences with phrase «oil bulls»
The phrase "oil bulls" refers to people who believe that the price of oil will increase. They are optimistic and expect that the value of oil will rise in the future. Full definition
Unfortunately, for the crude oil bulls, each cyclical rally will be unable to exceed the price level of the previous rally.
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The good news for oil bulls is that production gains may be ending soon.
Previous oil bull markets have been accompanied by powerful narratives: the explosion of the Asian middle class — especially in China — means huge demand.
One oil bull did jump into the fray: «The price of oil will be $ 1,000 a barrel in 20 years.»
Oil stocks have suffered alongside oil bulls that had bet on significantly higher oil prices, but, according to the experts who spoke to CNBC, now may be a good time to invest in the energy sector.
There are still a couple of early technical clues that the market has bottomed out, but the crude oil bulls need to show fresh power soon to reaffirm those clues.
Horizons BetaPro NYMEX Crude Oil Bull Plus ETF, $ 10.20, symbol HOU on Toronto (Shares outstanding: 41.5 million; Market cap: $ 423.2 million), is an ETF that aims to provide daily investment performance that is double that of the NYMEX crude oil index.
Hot Market Report: Nymex Crude Oil Bulls are in Control 3.
And here is an insightful read by energy expert, Marin Katusa: Will Iran's Runaway Inflation Spark an Oil Bull Market?
Meanwhile, the actions and statements of the second and third largest producers in OPEC are throwing worrying signs at the oil bulls.
With crude oil down a mere $ 30 from its recent peak, many economists and financial analysts are proclaiming the end of the oil bull market.
To paraphrase Mark Twain, rumors of the oil bull market's demise have been greatly exaggerated.