Politics To Continue To Drive Crude Prices Through 2019

JWN Energy Group’s Daily Oil Bulletin
8 January 2018

The jump in international benchmark crude prices in the fourth quarter of last year surprised most oil forecasters. Here at Geopolitics Central (GPC), we expected spot West Texas Intermediate (WTI) to rebound, having previously predicted the price to average US$62.50/bbl this year — but failed to see the speed in which prices would increase.

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