$85 Crude Oil By Christmas – An Interview With Mike Rothman
Since energy equities basically trade as a proxy for the commodity, it's safe to say all boats rise when the tide comes in
By Oilprice.com Nick Cunningham—— Bio and Archives--April 8, 2016
Global Warming-Energy-Environment | Comments | Back To Full Article
After a 50 percent rally in oil prices between February and March, crude has retreated a bit as of late. The upcoming OPEC-Russia meeting in Doha looms over the markets, but few expect the outcome to have any material impact on supply and demand. Global supply still exceeds demand, but there are solid signs that the overhang is finally starting to ease. Storage levels are high, but are expected to come down.
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