Jun 17, 2021 1:48:57 PM / by Cooley May posted in Chemicals, LNG, Oil Industry, Energy, Inflation, Net-Zero, natural gas, renewable energy, renewable investment, natural gas prices
The commentary on oil reflects the opposing views that OPEC+ capacity is looming and that every piece of incremental negative demand news is frightening, versus that OPEC+ is disciplined and wants higher prices, resulting in every incremental positive being welcomed. We are firmly on the side of higher oil prices as we cannot see any stakeholder in oil wanting anything except opportunity profits for as long as it may last from here.
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