Malcolm Moore
👤 Speaker
225
total appearances
Appearances Over Time
Podcast Appearances
Unhedged
The oil reserves dwindle
And what that steepness tells you is, give me oil now.
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The oil reserves dwindle
And that's telling you, I don't know whether I'm going to need oil in two months.
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The oil reserves dwindle
Three months, I'm less willing to pay for oil in three months.
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The oil reserves dwindle
That's what the steepness tailing away tells you.
Unhedged
The oil reserves dwindle
And it's a big problem because politicians and all sorts of people are looking at the futures curve and saying, we don't need to worry.
Unhedged
The oil reserves dwindle
You know, the price in a few months time is $80 a barrel, $90 a barrel.
Unhedged
The oil reserves dwindle
That was a normal price for oil not so long ago.
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The oil reserves dwindle
OK, they're misunderstanding what that curve actually means.
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The oil reserves dwindle
It's, you know, because there is nothing else that tells you what the future is going to look like.
Unhedged
The oil reserves dwindle
Companies build it into their forecasts.