Oil is Dangerously Low

The Energy Information Agency is reporting oil inventories are dangerously low. That’s according to a new Bank of America Global Research report, which was sent to Rigzone on Monday May 23, 2022.
https://www.rigzone.com/news/oil_inventories_down_to_dangerously_low_point-24-may-2022-169095-article/

Based on Bank of America’s research, Brent crude could rise above $120 a barrel. This would put the price of American crude not far behind. BofA also reported that:
* Gasoline is about 8 million barrels below the 5-year average.
* Distillate fuel inventories are about 22 percent below.
* Propane is about 10 percent below.
* Crude oil is about 13 percent below the 5-year average.

If you would like to know more on how you can take advantage of a Royalty income from a producing Mineral property, be sure to contact us at your convenience. Just visit our website link below for the contact information.

We offer FREE reviews if you are evaluating an oil well drilling or re-work deal.

Give us a call or send us an email.
Visit our website. https://mineralroyaltiesgroup.com/
Listen to and like this video then Subscribe to this channel.

Thank you.

This video is meant for educational or entertainment purposes only. This video is not a solicitation. I am not a lawyer, CPA or financial advisor and I am not giving legal, financial or tax advice.