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Posted by
Two Blokes Jul 2 -
Filed in
Stock
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4 views
Several factors (such as the re-escalation of the Iran situation, refilling of the SPR, and inflation) could push the oil price to be around $100 in 2H of 2025. I reiterate my strong buy rating on Chevron due to the potential for oil prices to surge drastically in 2H 2025. Investors should not rule out the probability of oil prices approaching ~$100 per barrel.
