John Person
John Person
believed concerns crude current move nigeria oil prices recent spike
With the recent spike in prices in crude oil over the current geopolitical concerns in Nigeria and Iran, many believed that the recent price move may be over done and unjustified.
above certainly culprit defensive develop markets middle prices remain stay supply
The real culprit is certainly the unforeseen supply disruptions that could develop out of the Middle East, so the crude-oil markets will remain on the defensive and prices will probably stay above $60 for the remainder of the first quarter.
bankers central concerns east hard justified middle mostly pressures rates reality rock stuck targets
The targets of $600 to $625 are more and more a reality and mostly justified as concerns on inflation, geopolitical pressures in the Middle East and now with rates at comfortable levels, central bankers are stuck in a rock and a hard place.