Oil Costs How Much? How the Oil Rally Took Forecasters by Surprise - News Summed Up

Oil Costs How Much? How the Oil Rally Took Forecasters by Surprise


No one is more surprised by $75 oil prices than Wall Street’s oil experts. The price of crude has climbed nearly 12% this year and has reached its highest levels since 2014—a rally that has caught most big banks flat-footed. Last December, analysts surveyed by The Wall Street Journal predicted that Brent crude, the international benchmark,...


Source: Wall Street Journal May 06, 2018 12:05 UTC



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