The Big Picture podcast

Keep active in a bearish oil market

The prospects for oil appear positive on a five-year view, not least because US shale supply could plateau in the next few years. However, investors will need to be careful in 2025, because demand worries and supply growth add up to a bearish outlook. As portfolio manager Paul Gooden explains, there are still opportunities, but active management will be key.

18 Oct 2024

8 minutes

Paul Gooden
Ellie Clapton
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Authored by

Paul Gooden
Portfolio Manager
Ellie Clapton
Portfolio Specialist

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