Slugcatcher on Buffett's big bet on oil, and other signs of recovery 

HE might be past his prime, but no-one knows value like 90-year-old Warren Buffett, and when the grand old man of investing revealed a US$4.1 billion bet on Chevron Slugcatcher saw it as another reason to believe that a sustainable oil price recovery is underway.  

Slugcatcher on Buffett's big bet on oil, and other signs of recovery  Slugcatcher on Buffett's big bet on oil, and other signs of recovery  Slugcatcher on Buffett's big bet on oil, and other signs of recovery  Slugcatcher on Buffett's big bet on oil, and other signs of recovery  Slugcatcher on Buffett's big bet on oil, and other signs of recovery 
 
One man's view of oil is not proof, but there are other signs pointing to a sea-change as the combination of supply cuts and increasing demand lifts oil back to where it was before the COVID-19