The current crude oil price strength is precarious because it is based primarily on weather. Once the winter is over, the price of crude will begin to fall, but it is unclear by how much. In the latest edition of its Atlantic Basin Stockwatch, consultants ESAI said it expects that while there will be a…
MARKETS: ESAI says second quarter crude demand drop may be overestimated
Posted on February 3, 2004 by EnergyAsia