Talking one’s position? – Commodity Research Group

July 10, 2017 by Jim Colburn Leave a Comment

From today’s WSJ, “Saudi Aramco Chief Predicts Oil Shortage…”

“Mr. Nasser said the dearth of investment now would lead to fewer barrels in future, even with shale production. He said the world needs 20 million barrels a day of new production in the next five years to meet demand.

“Investments in smaller increments such as shale oil will just not cut it,” Mr. Nasser said.

Saudi Aramco is preparing to publicly list up to 5% of its shares in what could be the most valuable IPO ever. Mr. Nasser said the company remained committed to a $300 billion spending plan over the next 10 years.”

Commodity Research Group (CRG), founded by veteran analyst Edward Meir, is an independent research consultancy specializing in base and precious metals, as well energy products. The Group provides research and general price analysis for these markets, along with advice to companies seeking to construct commodity hedging strategies.

Our associates bring decades of experience to the table, as they seek to help our clients understand the markets. CRG will distill the myriad of pricing variables mentioned above into coherent research that is to-the-point and tailored to a clients hedging or pricing needs. In addition, CRG is available for consulting assignments and speaking engagements. CRG does not manage money or trade for itself.

Reader Interactions

Leave a Reply Cancel reply