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Deutsche Bank (DB) slashes its forecast for WTI crude by 10% to $90/barrel, with the key being...

Deutsche Bank (DB) slashes its forecast for WTI crude by 10% to $90/barrel, with the key being increased supply from U.S. shale production. Toss in minimal OPEC production curbs and slowish economies, and "implied inventory builds ... could be sizable."
Comments (1)
  • what about the pipeline that will free up the glut at cushing? My contrarian trade is to go long oil since they are short...let's see how that plays out next year this time
    8 Jan 2013, 09:57 AM Reply Like
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