The Math is very simple. The political crisis around Iran will resolve itself within the next 5 months. The economic crisis won’t. 2 dollar gasoline per gallon is better than 3 dollar gasoline per gallon in an election year, but only where there is demand for all that oil. Alternatively a sitting president running for…Read more
oil price projections
Prediction of crude oil in the coming months: Bringing order out of chaos
Introduction Where will crude oil prices be in the coming months? In particular will WTI prices breach the USD 130 level as some analysts are predicting or will it fall below the USD 100 level as others forecast? We believe that the price of WTI will probably range between USD 110-115 in the second quarter…Read more