05.07.2016 - $10 a Barrel Oil Coming Soon? Market Expert Warns the Worst is Yet to Come
A top oil industry analyst issued an editorial this week suggesting that the recovery of the oil market will be short lived, but is he right? Probably not. In an editorial this week, acclaimed oil market expert Gary Shilling stood by a prediction he made in August 2015 that oil prices would collapse to $10 per barrel citing higher than expected North American fracking outputs and OPEC’s refusal to limit production...............................................Full Article: Source
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