Slugcatcher and oil at $300/bbl (not as silly as it sounds)

BEFORE dismissing as fanciful a suggestion that oil could soon be selling for US$300 a barrel consider, as Slugcatcher has, the latest analysis by a New York-based consultancy which late last year correctly tipped a price of $120/bbl – before the war in Ukraine and sanctions on Russia.

28 March 2022
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Back in November, when Brent-quality crude was trading at $79/bbl Goehring & Rozencwajg (G&R) boldly forecast a price $120/bbl by the end of this year ("Slugcatcher on why oil is on its way

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