iBank Focus - 2014 Crude Oil Price Outlook

28 December 2013 28 December 2013

thoulturf

Crude oil prices would very likely record annual gains in 2013, following a year of decline in 2012, as driven by weakness in US dollar, unexpected supply outage and relatively bullish investor positioning. Yet, the risk/reward appeared rather unappealing as we moved toward 4Q13...