OEF Rapid Review Articles
“It’s hard to see a dramatic price increase,” Vitol Group BV Chief Executive Officer Ian Taylor told Bloomberg in an interview, saying prices were likely to bounce around a band with a midpoint of $50 a barrel for the next decade. “We really do imagine a band,” probably between $40 and $60 a barrel, he said. “I can see that band lasting for five to ten years. I think it’s fundamentally different.”
LINK TO THE SOURCE ARTICLE:
World’s Largest Energy Trader Sees a Decade of Low Oil Price
LINK TO THE SOURCE ARTICLE:
World’s Largest Energy Trader Sees a Decade of Low Oil Price