The spectre of weakening prices

The spectre of weakening prices

Published on 16 August 2010

Crude oil and refined product markets are in significant surplus currently which sets the scene for some near-term weakness in prices. A lacklustre price trend is also expected to extend into 2011 reflecting the likely persistence of well supplied markets and historically high inventories. Weak fundamentals relate to OPEC and non-OPEC supply additions and an increasingly lacklustre economic

Download PDF

Subscribe to Edison

Get access to the very latest content matched to your personal investment style.

Sign up for free