What is the outlook for oil commodities? Would it be a relative outperformed in 2023?

As the world economy continues to recover from the pandemic and demand for oil increases.

The majority of economists predicted that the recession of 2023 is unavoidable. We cannot be sure if the market assumption that recession equals an oil demand collapse is true. Referring to 1991, 2000, and 2007, the fact is that oil and energy are late cycle plays, pushing the economy off the cliff at the late cycle playbook.

An increase in oil prices c…