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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

Link: http://business.financialpost.com/2015/03/27/oil-analysts-havent-been-this-divided-in-8-years-as-market-gets-messier-so-whats-an-investor-to-do/?__lsa=62a8-b7e6

Questions for Discussions:

  • What are the reasons for diverse opinion about the future of oil prices?
  • What do you think is likely to happen?

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