JWN Energy Group’s Daily Oil Bulletin
11 October 2017
Crude oil prices should surprise on the upside in 2018, after a decent rebound this year, despite major oil forecasting agencies such as the U.S. Energy Information Administration (EIA) projecting a weakening of market fundamentals. The Saudi royal family has painted the kingdom into a corner through a series of missteps, making it increasingly important that crude oil prices are fairly high next year to ensure a successful initial public offering (IPO) for family-owned Saudi Aramco.
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http://www.dailyoilbulletin.com/article/2017/10/11/analysis-crude-oil-prices-jump-2018/