Don’t Blame The Speculators Alone

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Sonica Dalmia

Economia e finanças Negócios Carreiras

WORLD VIEWS ON OIL PRICES ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

SUMMARY: KEY TAKEAWAYS ,[object Object],[object Object],[object Object],[object Object],[object Object]

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[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],SUPPLY CONSTRAINTS INCREASINGLY EVIDENT

RELATIVELY SMALL CRUDE OIL MARKET SUSCEPTIBLE TO LARGE PRICE SWINGS

RELATIVELY SMALL CRUDE OIL MARKET SUSCEPTIBLE TO LARGE PRICE SWINGS ,[object Object],[object Object],[object Object],[object Object],[object Object]

US CONSUMER SPENDING ON OIL ROSE TO 20-YEAR HIGH ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

OIL PRICES ARE ‘ALL’ SPECULATION ,[object Object],[object Object],[object Object],[object Object]

FOLLOW THE OIL, NOT THE FUTURES ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

IT TAKES TWO TO CONTANGO ,[object Object],[object Object]

Reference ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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