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Commodities Briefing - Categorized | Oil, Price Watch more

Oil guru explains the cure for high oil prices in one very simple paragraph

Posted on 15 November 2013

The FT’s Izabella Kaminska flagged an important nugget in this morning’s Schork Report from oil markets guru Stephen Schork. It explains why massive oil discoveries like American Shale seemingly come from nowhere.
Schork recounts how his group was meeting with a prospective client in Vienna, home of OPEC, in 2008, when U.S. crude contracts had hit $147 a barrel………………………………………..Full Article: Source


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VRS - who has written 48800 posts on Opalesque Commodities Briefing.


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