02.01.2014 - Oil market predictions for 2014
For my last column of 2013, Iíll 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 donít think they could be more wrong...............................................Full Article: Source
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