Kyle Macintyre - Does Oil Have a Future?

As more people resume travel following the pandemic, demand for oil is expected to rise. The world will need more oil from the same companies currently being told to limit spending, as many investors shun the fossil-fuel industry. Today my guest is talking about the price of oil and what it all means. Kyle Macintyre from Firetrail Investments believes in spite of the move to green energy and electric vehicles, and the pressures of ESG investing, that the price of oil is heading upwards.More information in the blog post here https://www.sharesforbeginners.com/blog/oil  "Where things start to get really interesting, that I mentioned before, is that history shows that, you know, the prices of commodities are set by the supply and oils are a really unique commodity in that it's actually driven by pressure and you actually get declines in supply when you don't have continued investment in oil." – Kyle MacintyreKyle is an Investment Director at Firetrail Investments. His primary responsibility is providing investment and portfolio insights to professional investors. Kyle is also member of the Firetrail Investment and Management Committees. Kyle is an MBA graduate with over 10 years relevant investment and SME experience. Portfolio tracker Sharesight tracks your trades, shows your true performance, and saves you time and money at tax time. Get 4 months free at https://www.sharesight.com/au/sharesforbeginnersDisclosure: The links provided are affiliate links. I will be paid a commission if you use these link to make a purchase. You will also usually receive a discount by using these links/coupon codes. I only recommend products and services that I use and trust myself or where I have interviewed and/or met the founders and have assured myself that they’re offering something of value. Shares for Beginners is for information and educational purposes only. It isn’t financial advice, and you shouldn’t buy or sell any investments based on what you’ve heard here. Any opinion or commentary is the view of the speaker only not Shares for Beginners. This podcast doesn’t replace professional advice regarding your personal financial needs, circumstances or current situation. Hosted on Acast. See acast.com/privacy for more information.