$20 OIL?

One major investment house made news last week by lowering their forecast for the oil price to $20. Lots of arguments go into this forecast, and most of them have been repeated ad nauseam: Iran is increasing production; Saudi fears Iran and uses low price to deny Iran cash flow; fracking is still growing, so […] View the full post at: $20 OIL? Related posts: Saudis admit of limited oil capacities Are Oil Prices Out of Whack? The Disconnect Between Oil and Natural Gas Prices