Energy Intelligence: Oil's False Dawn (March 2016)

Oil's False Dawn: Subprime Lessons (March 2016)


Energy Intellgience published Dr. Verleger's paper on its World Energy Opinion webpage. In it, he notes that "the media celebrated the bottom of the oil market recently. Most of the oil analysts appearing on Bloomberg, CNBC or other outlets were optimistic. These individuals are almost certain to be wrong. This is oil's 'false dawn,' defined by the Oxford Online Dictionary as 'a promising situation which comes to nothing.'" Click this link to view the complete paper.