Wednesday, May 13, 2015

OPEC forecasts growing world demand for CRUDE OIL

CRUDE OIL PRICE is at a CROSSROADS

Concerns over RIG COUNT in U.S.A. may lead to short supply

 
Will Cushing report less supply?

The CRUDE OIL market could throw the entire economy into turmoil especially with the rapid decline in oil prices through 2014 which came unexpectedly and have caused some real shakeups in the oil industry.  As the summer driving season now approaches across the Northern Hemisphere demand could send prices rapidly higher on shortening supplies:

...developing...