Citigroup’s Morse Sees ‘Plenty of Oil to Go Around’
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Ed Morse, global head of commodities research at Citigroup, discusses what comes next for OPEC as oil prices drop on production concerns as he still sees the potential for $100 oil. He speaks on “Bloomberg Daybreak: Americas.” (Source: Bloomber
MASTERMIND on Tue, 29th May 2018 3:14 pm
Morse said last year that we are headed for a shortage..
Citigroup CEO Ed Morse warns of oil shortages coming soon
https://www.bloomberg.com/news/articles/2017-09-25/citi-says-get-ready-for-an-oil-squeeze-than-an-opec-supply-surge
Duncan Idaho on Tue, 29th May 2018 6:12 pm
Citigroup–
What more do you need to understand?
onlooker on Tue, 29th May 2018 6:36 pm
MM, looks like somebody told Morse, to change his toon haha
MASTERMIND on Tue, 29th May 2018 6:40 pm
Onlooker
Calm the sheeple…wouldn’t want to spook the horses..might start a stampede..haha
dave thompson on Wed, 30th May 2018 12:15 am
Yes of course there is plenty of oil. Especially when, as the case for the U$, the military is at the ready to spread oil democracy.