The Outlook For The Oil Market Is Bleak – ValueWalk Premium

The Outlook For The Oil Market Is Bleak

The Brent time spread (the price differential between two consecutive futures contracts) is now at its lowest level year-to-date, a warning to investors that physical oil markets are still stressed despite traders optimism; that’s according to a Morgan Stanley report on the oil market published this week.

The report looks at physical market indicators outside the US, while the market has focused on better US inventory trends of late, Morgan argues that the global oil market is displaying significant signs of stress. The return of light crude barrels from Libya and . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email support@valuewalk.com or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk
Here’s a Tip: Read What Professional Investors Read

ValueWalk Premium is for investors looking to improve their investment process AND keep up-to-date on the latest industry trends.

It’s THE resource for value investing and hedge funds.   

And with a free three-day trial and $29.99 per month thereafter, it’s a value in its own right.

SIGN UP NOW
0