"Oil supply is going down faster than demand, known reserves are in decline and while that continues to happen oil prices are going to go much, much higher"
in Economic Times
Related stocks and ETF`s: United States Oil Fund LP (ETF) (Public, NYSE:USO), iPath S&P GSCI Crude Oil Total Return (Public, NYSE:OIL), PowerShares DB Oil Fund (ETF) (Public, NYSE:DBO), Transocean LTD (Public, NYSE:RIG) and Diamond Offshore Drilling, Inc. (Public, NYSE:DO), Murphy Oil Corporation (Public, NYSE:MUR), Exxon Mobil Corporation (Public, NYSE:XOM), ConocoPhillips (Public, NYSE:COP)
Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.