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Oil market predictions for 2014

Posted on 02 January 2014

For my last column of 2013, I’ll give a few predictions for the energy markets for 2014 and one in particular where I am almost alone among the energy analysts out there: Oil will see significantly higher prices in 2014 than in 2013.
Most analysts I read see the fundamental picture in oil from a US-centric point of view; that is, an increasingly strong production trend from the oil shale plays here in the US from the Bakken, Eagle Ford and newly developing Permian basin and couple that with an increasing efficiency and demand slackening here in the US which has led them to predict subsequently lower prices. I don’t think they could be more wrong………………………………………..Full Article: Source


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VRS - who has written 38515 posts on Opalesque Commodities Briefing.


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