April 2026: Crude Oil Price Analysis and Strategies for Asset Allocation
Overall Outlook on Crude Oil Prices and Major Asset Classes Next, let’s discuss the overall outlook for oil, coal, fertilizers, agriculture, and other metals. Key Assessment of Crude Oil Prices First and foremost, while we remain bullish on oil, coal, fertilizers, agriculture, and other metals in the long term, this does not mean I believe oil can remain stable above $300 for an extended period. At this stage, the best approach is to wait until the Strait of Hormuz reopens and crude oil prices pull back before adding to your oil positions. At current levels, adding to your oil positions carries relatively high risk, so it’s advisable to wait a little longer. ...