Chad Brownstein of Rocky Mountain Resources Continues Accurate Oil Market Predictions
BEVERLY HILLS, Calif., Feb. 17, 2015 /PRNewswire/ -- Rocky Mountain Resources CEO Chad Brownstein has again correctly predicted trends in the oil market. Recent predictions that Chad Brownstein made publicly on CNBC, CNN, Bloomberg Television include:
- Oil bottom prior to Jordan war
- Market "War Premium"
- OPEC would not alter output
- Global margin call
- Investors can't price risk
- Oil below $50
Photo - http://photos.prnewswire.com/prnh/20150216/175886
Rocky Mountain Resources has a proven track record of success strategizing the formation, development and monetization of scalable natural resource enterprises. Recent comments by the company's CEO, Chad Brownstein, on OPEC oil pricing strategies, among other prescient and public calls, have proved to be accurate, reaffirming the company's position as one of the unique teams in the natural resource sector.
On a recent in-studio segment on Bloomberg 'Market Makers,' Brownstein correctly predicted that the Middle Eastern "War Premium" would be a factor prior to Jordan's war efforts.
About Chad Brownstein
Chad Brownstein is the Chief Executive Officer of RMR Holdings, responsible for the corporate strategy and board oversight for all investments. Mr. Brownstein has been an active member of the resource community for almost two decades, having founded and financed multiple hydrocarbon and mining companies. Mr. Brownstein is the Co-Founder and Vice Chairman of the Banc of California, one of the fastest-growing Southern California depository institutions. Previously, Mr. Brownstein was a principal member of Crescent Capital Group, focused on Special Situations (formerly Trust Company of the West Leveraged Finance Group). Prior to that, he was a Partner at ITU Ventures making venture and growth investments with a specialization in corporate strategy. While at ITU, Mr. Brownstein founded businesses and created exits to companies, including Nokia, Weyerhaeuser and AMD. Mr. Brownstein attended Columbia Business School and received his B.A. from Tulane University. To read more about Chad Brownstein, please visit http://www.chadbrownstein.com
About RMR
Rocky Mountain Resource Holdings (RMR) is a company that discovers, finances and operates natural resource assets. RMR focuses on the identification, acquisition and monetization of unique natural resource assets that require specialized operating capabilities. Target assets include oil and gas reserves; agribusinesses; energy infrastructure; and industrial minerals and chemicals. RMR seeks to utilize its differentiated operational capabilities to outperform conventional operators through diverse markets. Principals of RMR have been active natural resource investors and operators for a combined 75 years and have worked together for over a decade. The firm has teams in Los Angeles, Denver and New Orleans. For more information about the company, please visit www.rmrholdings.com.
Name: Chad Brownstein
Organization: Rocky Mountain Resources
Address: 9595 Wilshire Blvd, Suite 310 Beverly Hills, CA 90212
Phone: (310) 409-4113
SOURCE Rocky Mountain Resources
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