Energy specialist discusses profitable commodities: current oil stocks, raw materials, and gold yielding the highest returns
In a recent statement, Professor Fritz Vahrenholt, a German energy expert, chemist, and former manager at Shell and RWE, expressed his views on the current market. The professor, who is also an honorary professor at the University of Hamburg and a member of the supervisory board of the German copper company Aurubis, revealed his interest in commodity stocks, including copper and other raw materials.
However, Professor Vahrenholt does not anticipate that pseudo-oil stocks like BP or Shell, which have investments in renewable energy, will rise under the current circumstances. He believes that stocks of companies specializing in oil production, such as Conoco, Occidental, and Chevron, will significantly rise if oil prices increase.
Interestingly, the professor's opinions about the oil industry do not seem to be influenced by environmental concerns or the transition to renewable energy. Instead, he is cautious about the commodities sector due to its dependence on the economy.
Despite his expertise in the energy sector and his past roles in the industry and politics, Professor Vahrenholt's current opinions about oil stocks do not appear to be influenced by his previous experiences.
In uncertain economic times, Professor Vahrenholt suggests gold as a good alternative investment. This viewpoint is contrary to his earlier statements about oil stocks, as he sees gold as a good alternative investment. He also mentions Newmont Mining as a stock to hold onto in the commodities sector.
However, the search results do not provide any direct information about which oil stocks Professor Fritz Vahrenholt specifically recommends, nor do they reveal his views on gold or other commodities for investment in the current market. Therefore, there is no public or recent record from the sources provided that details Fritz Vahrenholt’s recommendations on oil stocks or his views on gold and other commodities as investments.
It's worth noting that Professor Vahrenholt's opinions about the North Sea wind farms are not explicitly mentioned in the provided paragraph. Similarly, the expert does not elaborate on the threat to the prosperity of citizens or his views on the North Sea wind farms in the provided paragraph. Additionally, the expert's views on the oil industry are focused on companies that prioritize oil and gas production over renewable energy.
In conclusion, while Professor Fritz Vahrenholt has expressed his interest in commodities, particularly copper and gold, as potential investments, his views on specific oil stocks and gold investments remain unclear based on the available information. For more specific investment advice from the professor, it may be beneficial to refer to his official publications, interviews, or financial media.
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