(EnergyAsia, May 26, Monday) — Front-month WTI crude’s surge past $135 a barrel on May 21 has set off three major new developments that are “unequivocally bullish” for the oil markets, said analyst Antoine Halff of Newedge Group. On the fundamentals front, he said the latest US oil statistics showed crude stocks unexpectedly drew…
MARKETS: Major developments set stage for “alarmingly high oil prices”
Posted on May 25, 2008 by EnergyAsia