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OPINION

Slugcatcher and that US$300/bbl price tip

NO ONE will ever know if oil bull Pierre Andurand was joking when he Tweeted last week that the oil price might hit US$300 a barrel, but from where Slugcatcher is sitting it looks like he was just using exaggeration to make a point: oil is heading higher, quite a lot higher.

Slugcatcher
Watching the price predictions from the States Slugcatcher wonders if the rise is good, or bad 

Watching the price predictions from the States Slugcatcher wonders if the rise is good, or bad 

By tipping a seemingly ridiculous price the chief executive of Andurand Capital Management earned a few headlines that achieved two objectives. It had people talking about him, and about the recent upward...

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