Crude oil supercycle targets $200 amid bullish outlook
market hours1 source ↓written by the desknot a recommendation
- are entering
- 30-year supercycle
- with targets reaching
- $200
- in 2022
- $130
Crude oil prices are entering a 30-year supercycle, with targets reaching $200. Following a significant rally from near-zero in 2020 to $130 in 2022, the market is currently in a Volatility Contraction Zone (VCP) phase. This consolidation period is expected to set the stage for further price increases through 2026.
Not investment advice. For informational purposes only.