Pierre Andurand, of Andurand Commodities Fund making the call on higher oil prices
- "We are in the middle of a multiyear bull run,"
- "We could see $100 oil this year...$150-plus in 2020-2021."
- "People think $100 is high. But we've seen $100, we've seen $150 in a much weaker economic environment [2008] than today, and I think today is much more bullish," he said. "I don't think we're close to the top at all."
From the Wall Street Journal, more here
As Oil Soars, Few Hedge Funds Are Left to Profit
Journal may be gated
