Rabu, 03 Maret 2021

Hottest Oil Plays To Watch In 2021

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BKRP could be the next small-cap oil stock to go parabolic as oil is expected to rebound this year!

Goldman Sachs recently raised its estimates for oil prices and has forecast that Brent crude can rise to $75 a barrel in the third quarter on increasing demand and a slow rebound in supply. This is a very bullish expectation compared to other analysts and could spark a major comeback for oil and gas stocks. One company to watch is Black Rock Petroleum Company (OTC: BKRP) who is setting out to find oil in two prolific areas of the earth. One area has a reserve that is estimated at more than 15 Billion Barrels while another has one of the largest energy projects in the world that is connected to big names like Shell and Exxon-Mobile!

With Goldman Sach's projection, an enormously bullish sentiment for oil stocks, 2021 may be the year to keep a very close eye on this energy sector. The International Energy Agency (IEA) anticipates that oil consumption will average about 96.9 million barrels per day in 2021 and sees robust demand for gasoline and diesel, which it believes will return to about 99% of their pre-COVID levels. Black Rock Petroleum Company (OTC: BKRP) at current levels could be a major opportunity at the ground-floor!

Find out why BKRP could be one of the best energy stocks to have in your portfolio in 2021!


 









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