Publications: Notes at the Margin

The Great Divide: Two Different Worlds (June 15, 2015)


The individuals and organizations that publish forecasts of global oil market supply-and-demand balances live in a different world from those working in the oil industry or at major trading houses. Seldom has the gap between the two been wider. Those who fail to recognize this risk serious losses. The global economy could suffer as well, especially if a continuing surge in prices forces the US Federal Reserve to move on interest rates later this year.


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