Oil Forecasters Offer Mixed Prognosis

It’s only the second week of the year and oil analysts are already in a frenzy, making bold predictions for crude prices - from alpha bearish to mega bullish.

The latest bold prediction came from Capital Economics who have thrown a challenge to other analysts by predicting that Brent crude will average around USD85 this year. READ MORE HERE

Oil Analysts’ Predictions For Crude Prices In Medium-Term Every analyst has their spreadsheet out and there are plenty of predictions out there as far as oil prices are concerned. But will we see crude scaling the $147 Everest...
$1-Trillion Of Oil Revenues May Be Looking To Buy Assets Next Year: MS Goldmans Sachs one of the most accurate forecasters of oil prices, expects a correction soon. On the flip side, Morgan Stanley says high oil prices means $1-trillion of oil profits...
OPEC Outlook: Oil’s Not Well Opec countries will rake in $900-billion this year. But these outstanding figures mask great turmoil facing group members in the next few years. ...
Statistically Speaking: Impact of Oil at $100 on MidEast GDPs Oil prices are poised to hit the magical $100 per barrel once again and economists, analysts have taken out the proverbial calculators to see what it means for oil-based economies...
Oil Takes A Breather As It Prepares To Climb Another Summit Oil fell nearly $10 in a day, bringing out oil bears with their charts to show how crude will remain weak. But is oil merely catching its breath before it...

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	OPEC Outlook: Oil’s Not Well(0) Opec countries will rake in $900-billion this year. But these outstanding figures mask great turmoil facing group members in the next few years.

	MENA 2012 Outlook: Oil Exporting Countries(0) In the first part of the 2012 regional economic prospects, a look at oil-rich countries’ efforts to manage their citizens’ expectations, economic slowdown and regional and domestic political upheavals in the New Year.

	Oil Will Remain Dominant Till 2040: ExxonMobil 2040 Outlook(0) Mideast oil and gas developers can rest easy. ExxonMobil’s energy outlook through to 2040, predicts there is a huge role for oil and gas energy sources in the future, with alternative energies remaining on sidelines

	Is The World Heading Towards Another Oil Spike?: McKinsey(0) Oil prices will rise higher as global economy prospects improve over time. However, dramatic shifts and spikes could upset the fragile recovery and have unintended consequences which could lead to greater demand destruction for fossil fuels altogether, much to the dismay of oil exporters who are investing heavily in fossil fuels.

	Israel Attack On Iran Could Push Oil To $275 Per Barrel: Oil Trader Survey(0) An Israeli attack on Iran’s nuclear facilities could choke off the Strait of Hormuz, sending oil prices spiralling out of control in a worst-case scenario, according to a new survey

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