The Great Oil Price Conundrum
Today WTI (US) oil stands some $8 cheaper than OPEC or Brent oil (North Sea). A hedge fund manager is predicting $140/bbl with a year (double the price of WTI plus) and Goldman Sachs is predicting not to reach $100/bbl this year. No one knows. But the EIA has just restated shale oil figures this year and it… Read More »