Shell and BP Seem Even More Undervalued as the Oil Price Continues its Ride to the Stars
By Malcolm Stacey | Thursday 3 March 2022
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Hello Share Swashers. As I write, the price of Brent crude is $112 a barrel. The highest price ever I recall was about $158 and that was 2008. So there’s certainly room for the price to become loftier yet.
You must be a registered member to read this story
ShareProphets is reader-supported journalism
Join us for free and gain access to three articles per month
Or become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.