Today we discuss the OPEC oil cuts and some some economic impacts on oil the next couple years. Most likely, we are now going onto the “peak oil plateau” where supply and demand remain in balance most of the time. This means the best oil companies, focused on good rock, having low debt and access to markets are going to do very well. The high debt, super diversified companies will do the worst as they realized stranded assets and are not able to overcome their balance sheets.
Discussing The OPEC Deal & A Dirty Dozen Oil Stocks