Oil to reach over $150/bbl in 12-18 months

oil drum

The shift from fears of a double-dip recession and deflation into an inflationary period will be the main driver behind oil reaching new highs, which in turn will push up energy and commodity company valuations, says Kaha Kiknavelidze, managing partner at hedge fund firm Rioni Capital.

"Overall, we are coming out of a debt crisis and a deflationary environment and into an inflationary one that will be very supportive of the oil price," says Kiknavelidze. "I believe there is a possibility of oil

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: