| 02.11.2010 - Oil to rise as capacity drops, Morgan Stanley says |
| From Bloomberg: Crude oil prices will rise as spare production capacity drops to “untenable levels” by the end of 2012, Morgan Stanley said in a research report. Spare capacity passed its peak this year and may decline to 4.1 million barrels a day by the end of 2011 from 5.9 million barrels today, Hussein Allidina, an analyst at Morgan Stanley, said in the report today. It could drop to 2.5 million barrels a day by end-2012, he said...........................................Full Article: Source |