“Where do you think oil prices are headed?” There’s a lot more behind that question than most folks appreciate.
It’s the kind of question you get at dinners, on calls, in hallway conversations.
And it feels like small talk.
It’s not.
In last night’s Oil & Gas Market Mastery session, I shared a slide that shows what’s really underneath that question.
When an executive or a client asks about oil prices, they’re not asking for a forecast.
They’re asking: “How does what’s happening with oil prices impact the business decisions we’ve already made or are about to make?”
That’s the real conversation.
The price question is just how it starts.
Short clip in the post. Worth 90 seconds if you work in or around these markets.