Matt Badiali is currently the Chief Resource Investment Expert at Banyan Hill Publishing located in Fernandina Beach, Florida. He also worked as a Geologist/Analyst at Stansberry Research until 2005. Matt graduated from Pennsylvania State University with a B.S. in Geological and Earth Science. He received his M.S. in Geological and Earth Science in 2000 from Florida Atlantic University. Matt Badiali received his All But Dissertation Phd. in Sedimentary Geology in 2005 from the University of North Carolina. Matt has worked all over the world as a consultant in places such as Singapore, Switzerland, Turkey and Iraq. Read more at Release Fact.
— Matt Badiali (@MattBadialiGuru) July 6, 2018
In a recent article, Matt Badiali explained why oil was a good investment and it had exceeded market expectations recently. Up to this point, oil had not been seen as profitable and over a hundred oil companies filed for bankruptcy during this time. The downfall in oil profits was partly due to the shale revolution in the United States and a sluggish economy in Europe. In 2017, Matt Badiali spoke at the Canadian Sprott Natural Resource Symposium about the potential of oil investments. The audience wasn’t very receptive to his speech, but he proved to be right. Since his speech, oil prices have been steadily on the rise.
The international political environment has a strong impact on oil prices. If a nation is unable to export its oil abroad because of tensions or conflicts, prices tend to increase rapidly. The leading energy producing nations exchange their oil in U.S. dollars because of its stability. Matt feels that competition in future oil contracts, the war in Yemen and President Trump’s decision to cancel the current Iran deal could send oil prices above $100 a barrel. Prices this high have not been seen since 2014. The Iran deal will probably have the most significant impact because the country was expected to export a high percentage of the world’s oil supply. Read more: https://banyanhill.com/expert/matt-badiali/