Oil Demand Growth Running At All-Time HighRupert Hargreaves
Many oil and gas analysts and hedge funds have been wrong-footed by the oil barrel prices over the past five years. First, analysts failed to call the dramatic impact shale supply would have on the market. Then following the crash, analysts mistakenly called for a V-shaped rebound.
So far, the oil price recovery has been muted. Fundamentals are only just starting to recover, but it's going to be some time before the supply/demand balance is back to levels that could support $100 a barrel oil . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible