Warren Pies: Oil Prices Are Going Higher, A Lot Higher

June 24, 2022

On today's edition of "Boiler Room," Alfonso Peccatiello is joined by Warren Pies founder of 3Fourteen Research. As 2021 and 2022 saw commodity prices soar due to supply constraints, Warren walks through the supply and demand outlook throughout the back half of 2022.

As China reopens, conflict in Ukraine continues & commodity prices remain elevated, will a recession lead to a decline in commodity prices or is the inflationary impulse and supply mismatch to great to cause demand destruction? To find out, you'll have to tune in!
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Referenced In The Show:

Oil slips on China lockdowns, but bullish trends intact: https://www.reuters.com/markets/commodities/oil-hovers-near-13-week-high...
00:00 Introduction
00:24 The Commodity Bull Market
03:02 The Oil Market
08:26 Backwardation Of The Oil Curve
11:59 Will Demand Destruction Reduce Oil Prices?
19:27 Supply Constrains In The Oil Market
22:49 Industrial & Agricultural Commodities
25:23 Government Reaction To Rising Energy Prices
Disclaimer: Nothing discussed on Boiler Room should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The views or opinions expressed in the broadcasts are solely those of the individuals involved and do not necessarily represent those of INK Research and Canadian Insider.

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