He says he thinks the oil price is at the bottom and may rebound soon.
- Prices could go to $200 a barrel in 3-4 years if there’s not enough investment
- Thinks Saudi oil policy will be normal under new king
A clue or wishful thinking?
Brent moved through the short term up trend as the $50 mark prevailed but we’re still consolidating around these levels
Brent crude H4 chart 23 01 2015
