01
Jul
Crude oil price rises to $90 amidst inventory restoration
While the price of a barrel of WTI has just hit a short-term low of around $69 following the memorandum of understanding in the Middle East, we believe this low represents a buying opportunity and that prices will rebound by the start of the new school year. Our average forecast of $85–$90 for the full year implies that [...]
Prospects for a 20% rise in oil company stock prices
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