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“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.”

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