Techint CEO Rocca Sees Oil 'Not Very Far From the Bottom'

The transcript discusses future oil price predictions, considering factors like production and consumption trends. It examines the impact of shale drilling on prices and outlines strategies for companies to emerge stronger from economic downturns. The potential for industry consolidation is explored, with a focus on Tenaris as a global player. Finally, concerns about global trade, particularly with China, and the trend towards anti-globalization are addressed.

What is the significance of the investment mentioned in the text?

What concerns are raised about free trade and globalization?