RE: Oil outlook14 Mar 2021 09:45
“The next five years may be the best five years we’ve ever had for hydrocarbon investing,” Wil VanLoh, head of Quantum Energy Partners, one of the US oil patch’s biggest private investors, told me recently.
Opec production cuts, cheap credit, vast government stimulus spending, and an equity market shift away from tech stocks to “old economy” companies are all providing a tailwind for oil producers.