Matt Badiali is a graduate from Penn State University. He holds a bachelors degree in sciences as well as a master’s degree from Florida Atlantic University in Geology. He later joined the University of North Carolina to achieve his P.hD. Matt was introduced to the world of finance in 2004 by a friend who already had worked in the finance sector. The friend saw Matt Badiali’s potential and felt that Matt would make it in the industry.
Matt Badiali is a well-known person in the investing field. He has specialized in mining, agricultural, and energy. He has taken part in all areas of oil drilling as well as owning oil wells. In addition to this, he has evaluated mines across the world as a geologist.
Matt Badiali has become very successful because of his experience as an investor specializing in natural resources. Apart from the personally evaluating oil well and mines, he has interviewed many CEOs of mining organizations, professionals in precious metals as well as resource investors. Because of these activities, Matt is at the forefront of the current technologies, discoveries, and trends.
According to Matt, the oil price has never gone higher. He claims that Brent crude oil’s closing price was $86.20 on October 3 per barrel which had not been foreseen in June. The oil-rich countries of South America, the Middle East, and Africa claim that they will not cut the production of oil. It was the cut of oil production that saw the price of a barrel to go high.
OPEC (Organization of the Petroleum Exporting Countries) is oil-rich nations’ cartel, and it has said that the market has a steady supply of oil. For these countries, there is always enough oil if the prices keep going up and the leading players in the sector seem to keep things moving in that direction.
In America, Matt Badiali has said that there is maxed out in production because of challenges in pipelines and transportation. The solution to such a problem is to come up with an efficient manner of oil transportation. It looks like the supply of oil will be tight for the rest of the year and the country need to concern itself with the demand.
For details: www.talkmarkets.com/member/Matt-Badiali/