Prince Alwaleed: We Will Never See Oil at $100-Plus Again
This is an excellent video from Bloomberg
Prince Alwaleed Bin Talal is an exceptionally successful investor, so this is a knowledgeable forecast.
In my opinion, Brent crude oil might just reach $100 on leveraged trading due to a scare, but I do not think it could stay there.
See also: my comments following Tim Guinness: 2015 Outlook for Energy, posted on 20th January 2015.
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