Get Ready To Pay More For Oil, Says CLSA’s Chris Wood

Get Ready To Pay More For Oil, Says CLSA’s Chris Wood

That’s according to Chris Wood, chief equity strategist at CLSA. “While a further spike in oil prices to the $120-150 level would ultimately contain the seeds of its own destruction by destroying demand, it would do a lot of damage in the short to medium-term,” he said in his weekly investor note ‘Greed & Fear’.

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