The Venezuela Crisis Makes Me Bullish on Oil Stocks – Matt Badiali

The Venezuela Crisis Makes Me Bullish on Oil Stocks – Matt Badiali

The Venezuela crisis explained – Natural resources and commodities expert Matt Badiali gives an update on oil markets, and explains why Venezuela news today has him bullish on oil stocks. Oil prices plummeted last year. But the financial crisis in Venezuela and OPEC+ are bearish for oil supply. That’s bullish for prices. This will help oil service stocks and oil producers. You can view Matt’s previous analysis here: https://youtu.be/8kToN8sSqkc

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About Matt Badiali:
Matt Badiali has a hands-on, go-anywhere, talk-to-everyone approach to his investment prospects and research. His work has taken him to Papua New Guinea, Iraq, Hong Kong, Singapore, Haiti, Turkey, Switzerland and many other locations around the world. He’s visited countless mines and oil wells the world over, interrogated CEOs about their latest resource prospects and analyzed all manner of geologic data. Matt’s training as a geologist has enabled him to identify certain red flags that are best seen on the ground, allowing him to decide whether or not a company is a good investment decision.

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The Venezuela Crisis Makes Me Bullish on Oil Stocks - Matt Badiali