Citi (C) : Oil to Hit $20, End of OPEC May Be Near
February 10, 2015 at 08:17 AM EST
The plunge in oil prices, which has been accelerated largely by excess supply caused by America’s shale oil revolution, may not be over just yet. In a note Monday, Ed Morse, global head of commodity research at Citigroup (C) and one of the more influential analysts in the energy space, wrote that oil prices may […] View the full post at: Citi (C) : Oil to Hit $20, End of OPEC May Be Near Related posts: US April Trade Deficit Up Almost 8% Wall Street Posts Marginal Gains As Oil Drops Goldman Trims March US Payrolls Forecast to 200,000