Crude Oil - Are You Ready For Triple-Digit Oil Prices?
Alexander O. Stahel
527 Followers
Summary
- We are in a boom-bust cycle, with no end in sight, rather than a 'new oil order', and shale oil will contribute to, not dampen it.
- Inventory levels are balanced today and forecast to remain so in 2018, supporting Brent spot prices at levels of $60 Brent a barrel or more.
- Barring a global economic recession in this decade, we are in the early innings of new, demand-led bull market. And for all the talk of EVs, oil demand is soaring.
Editor's note: Seeking Alpha is proud to welcome Alexander O. Stahel as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to the SA PRO archive. Click here to find out more »
191
This article was written by
527 Followers
Value Investor in Energy, Real Estate, Transport, Retail, Manufacturing, Banks2014-today: Burggraben Holding AG, Value Investing2006-2014: Babcock & Brown, Private Equity Investor for infrastructure & energy assets 1997-2001: UBS Warburg, Associate Director Corporate Finance, Operational Background: 2008-2012: Board Member & Controlling Shareholder Imperial Parking Corporation, parking services, Canada 2008-2011: Board Member Coinmach Services Corporation, laundry services, USA 2011-2012: CEO Gutta International AG, manufacturing of Bitumen Roofing Sheets, Switzerland 2004-2006: CEO & Owner Mewag AG, manufacturing of tube bending machines, Switzerland 2001-2003: COO Obtree Technologies AG, content management software, Switzerland