Lower Oil Prices Possible Through 2020: Michael Hintze – ValueWalk Premium
Oil Prices

Lower Oil Prices Possible Through 2020: Michael Hintze

Sir Michael Hintze of London-based CQS Investment Management said the “new normal” in the price of oil could last for the next decade due to a structural shift in the dynamics of the oil market. In a new research report cited by The Australian Financial Review, the billionaire founder of global hedge fund CQS said, “There is a major change to the value chain taking place.”

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