US Stocks Unusual | Energy Stocks Performing Strongly Houston Energy (HUSA.US) Surges by Nearly 60%
According to the Wisdom Financial APP, on Monday, the energy stocks in the US performed strongly, with Houston Energy (HUSA.US) rising nearly 60%, Indonesia Energy (INDO.US) up more than 36%, and US Energy (USEG.US) up over 13%. Goldman Sachs stated that they are very concerned about the possibility of supply disruptions in the Strait of Hormuz, and any interruption or reduction in supply will lead to a significant increase in oil and natural gas prices. Goldman Sachs predicts that if oil flow through the Strait of Hormuz is halved in the first month and continues to decrease by 10% in the following 11 months, the price of Brent crude oil may briefly peak at $110 per barrel.
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