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News & Press: Industry News

Wall Street Is Convinced Oil Prices Will Be Higher By This Time Next Year

Monday, December 29, 2014  
Posted by: Alisa Allen

(Reuters) – Crude oil prices are likely to bottom out in the first half of 2015, until a possible slowdown in U.S. shale production counters a supply glut exacerbated by OPEC’s decision not to cut output, a Reuters monthly survey showed.

http://www.businessinsider.com.au/R-OIL-PRICES-LIKELY-TO-REBOUND-IN-SECOND-HALF-OF-2015-REUTERS-POLL-2014-12


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