| 28.05.2012 - US$100/b -- The perfect oil price |
| It’s convenient that Brent is hovering just above $100/b right now – the main international benchmark for oil perfectly dissects the price band that we’ve actually been living with for the past two years: a $50-150/b spread. It’s never been an issue of which side of the supply-demand equation worked best, but which proved to be most dysfunctional – the battle is currently being raged with a brutal vengeance...............................................Full Article: Source |