HomeMagazine2016March 2016, Vol. 243, No. 3$50 Oil As Soon As May?

March 2016, Vol. 243, No. 3

Web Exclusive

$50 Oil As Soon As May?

After staging a 50 percent rally between February and March, oil prices have bounced around, moving up or down on a given day depending on the news cycle. The persistent glut and rising storage levels weigh on crude prices, but falling production levels provide some reason for optimism. On March 29, Federal Reserve Chair Janet Yellen struck a dovish note on interest rates, buoying stock markets around the world and sparking a rally in oil prices. Most market analysts expect the crude oil markets to come into balance in 2016, with an eye on the second half of the year. One of the big unknowns is the pace of global oil demand growth. The slowing economy in China, in particular, has contribut

Log in to view this article.

Not Yet A Subscriber? Here are Your Options.

1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Pipeline & Gas Journal magazine.

2) SUBSCRIBE to Pipeline & Gas Journal magazine in print or digital format and gain ACCESS to the current issue as well as to 3 articles from the PGJ archives per month. $199 for an annual subscription*.

3) Start a FULL ACCESS PLAN SUBSCRIPTION and regain ACCESS to this article, the current issue, all past issues in the PGJ Archive, access to all special reports, special focus supplements and more. $1,395 for an annual subscription.  For information about group rates or multi-year terms, contact J'Nette Davis-Nichols at Jnette.Davis-Nichols@GulfEnergyInfo.com or +1 713.520.4426*.

 

 

*Access will be granted the next business day.

Related Articles

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}