A Deep-Dive on Oil’s Bullish 5-Year Outlook [VIDEO]

06/05/18 10:19AM EDT

“We believe the next big move in oil will be in longer-dated prices, which will need to go higher in order to secure future supply,” according to Stefan Wieler, Director at Goldmoney. “We think a price increase of at least 35% is needed to get enough investments to eventually catch up to demand.”

https://youtu.be/RB0CIII_nNE

In the new video above, Wieler joins Hedgeye Energy analyst Alec Richards to discuss OPEC’s strategy, U.S. shale and what the future holds for oil prices.

*For more insight click here to read Wieler’s report on OPEC and oil prices.

A Deep-Dive on Oil’s Bullish 5-Year Outlook [VIDEO] - etf pro

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