Trader_Landry

Stagflation might push energy prices higher

Long
BLACKBULL:WTI   WTI Light Crude Oil
Major economies are facing a risk of stagflation and with that comes the risk of energy prices going up. At the moment, the oil price has not done any significant move reflecting the upcoming risk that major economies are facing but if I wanted to play the scenario where we see energy prices going higher during this Q4, this is where I would place myself on Oil.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.