Investments
2
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Latest Michael Kern News
Dec 2, 2022
OilPrice.com By Michael Kern Oil prices are set to post a significant gain this week as China appears to be easing its Covid restrictions, This increase in oil prices may well convince OPEC to maintain its production levels rather than cutting further when it meets this weekend. Oilprice Alert: This week's Global Energy Alert includes a deep dive into what could be a completely future-proof oil stock. Sign up today to read that analysis, and if you aren't enjoying it after the first month we'll give you your money back. Friday, December 2nd, 2022 AD Every month that OPEC+ meets to revisit its production strategy, the oil community carefully watches every single utterance. The switching from a physical meeting in Vienna to an online conference call has led most analysts to believe the most likely outcome will be a rollover of production quotas and that there will not be any drastic moves happening on Sunday. With the EU having tentatively agreed to an oil price cap level for crude, we might be in for a surprise at the OPEC meeting. In the meantime, however, OPEC+ has been hugely aided by rumors circulating of China’s easing of lockdown restrictions, with oil prices set to close out the week with a significant gain.
Michael Kern Investments
2 Investments
Michael Kern has made 2 investments. Their latest investment was in BenFit as part of their Seed VC on March 3, 2020.
Michael Kern Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
3/24/2020 | Seed VC | BenFit | Yes | 1 | ||
4/17/2017 | Angel |
Date | 3/24/2020 | 4/17/2017 |
|---|---|---|
Round | Seed VC | Angel |
Company | BenFit | |
Amount | ||
New? | Yes | |
Co-Investors | ||
Sources | 1 |
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