(EnergyAsia, June 1) — Until recently, crude prices have largely shrugged off the increasingly bearish fundamental picture in the US. US energy consultant ESAI believes the enduring strength was due largely to persistent worries about demand growth in the third and fourth quarters. In the latest edition of its Global Crude Oil Outlook, ESAI…
MARKETS: ESAI predicts crude oil supply will not be as tight in the fourth quarter as feared
Posted on June 1, 2005 by EnergyAsia