Miner Company
How Historical Oil Surges Influenced Equity Returns In The Following Year (It Doesn't Bode Well)
Historical analysis shows that when oil prices double rapidly, the S&P 500 typically suffers significant declines over the following 12 months. Current Middle East tensions and oil weaponization by Iran suggest oil prices could rise further, with $150 per barrel seen as a potential peak.
Historical analysis shows that when oil prices double rapidly, the S&P 500 typically suffers significant declines over the following 12 months. Current Middle East tensions and oil weaponization by Iran suggest oil prices could rise further, with $150 per barrel seen as a potential peak.