US energy consultants ESAI said the crude oil markets have been plagued by uncertainties that have elevated the role of market psychology in shaping prices. As a result, oil prices have been volatile and generally stronger than warranted. Looking forward, ESAI, in the latest edition of Pacific Basin Stockwatch, believes some of these uncertainties will…
MARKETS: ESAI say crude fundamentals have begun weakening
Posted on March 13, 2003 by EnergyAsia