Investors Got Caught In The Sub $50 Oil Hype, Here Are Three Major Factors Oil Is Going Up, Not Down
PT8M33Stwo sentences.Gareth Soloway debunks the weekend hype of sub‑$50 oil by pointing out three key reasons why prices won’t collapse: Venezuela’s antiquated infrastructure and lengthy upgrade timeline, the geopolitical complexities of a regime change (especially China’s opposition), and the profit‑driven incentive of major oil companies to keep prices above $50. He then backs his bullish outlook with technical analysis—a potential breakout above $58, a bull‑flag inside‑bar, and firm trend‑line support—that could push oil toward $75 + per barrel by 2026 if the chart holds.

















