Description: Standard Chartered Plc’s Paul Horsnell forecasts oil will rise to US$90 a barrel in the fourth quarter. Bank of America Merrill Lynch’s Francisco Blanch predicts US$58. Six months ago, they were just US$1 apart.
Source: NationalPost.com/Bloomberg – video report
Date: March 26, 2015
Questions for Discussions:
- What are the reasons for diverse opinion about the future of oil prices?
- What do you think is likely to happen?