Where to Look in This Volatile Oil Market: Tim Murray

The Energy Report: The last time you spoke with us in January, you were expecting oil prices to stay in the $80–100/barrel (bbl) range, which they pretty much have. Where do you think they . . . → Read More: Where to Look in This Volatile Oil Market: Tim Murray

The Energy Report: The last time you spoke with us in January, you were expecting oil prices to stay in the $80–100/barrel (bbl) range, which they pretty much have. Where do you think they are headed now?

Tim Murray: We still believe this range is realistic for the remainder of this year and into 2013. The last downturn in crude seemed to stem more from negative sentiment than a change in the supply-demand balance. West Texas Intermediate (WTI) bounced off ~$76/bbl recently, which was the low back in … [visit site to read more]

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