Publications: Notes at the Margin

Good News for Oil? (June 8, 2015)


The oil market situation today is not as catastrophic as almost all oil analysts seem to think. Oil demand is strong and likely to remain so. In addition, the market is being balanced by forces that have been generally ignored. As a result, prices may hold or even rise slowly from current levels. In this week's report, we discuss the details of current circumstances and the market implications.


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