As I highlighted at our luncheon on Tuesday, Marshall Adkins at Raymond James made a presentation in Houston on November 29th at which he laid out the case for the price of oil spiking to $110/bbl by mid-2022 and then settling into his "Right Price" of $80/bbl by mid-2023.
If you would like to review the slides that he spoke from (over 60) send an email to Sabrina at energyprospectus@gmail.com and she will forward the slides to you.
I will be taking off today at 1PM and I won't be available fulltime until Monday afternoon, December 6. However, I will be checking the markets and the EPG Forum while I am on the road. My next podcast will be on December 7.
Hang touch. As Marshall's title points out the "Fundamental Oil Outlook is STILL Much More Bullish Than Oil Futures Prices Suggest"
Oil Price Forecast - Dec
Oil Price Forecast - Dec
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group