Long-Time Bull, “Oil God”, Andrew Hall, Capitulates On $100 Oil; Sees $45-$50 Range – ValueWalk Premium
Andrew Hall Astenbeck Capital Management

Long-Time Bull, “Oil God”, Andrew Hall, Capitulates On $100 Oil; Sees $45-$50 Range

It appears that Andrew Hall, the (iin)famous oil trader, is finally giving up on his prediction that the price of oil will return to $100 a barrel in the near-term.

Hall, whose record profitability in oil trading has earned him the nickname ‘the Oil God’ has been claiming that oil will return to $100 a barrel since the price of the commodity began its decline during 2014. But in a letter to investors of Hall’s hedge fund, Astenbeck Capital at the beginning . . .

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