
Crude Reality: The outlook for oil
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The price of oil continues to hover at three year highs near $75 a barrel. With market sentiment turning increasingly bullish towards the commodity there ARE some concerns about the sustainability of the rally.
Are their legs to this rally, could we see oil reaching $75 a barrel and perhaps even passing it?
Joining Stephen Gunnion on the line from Norway is Bjarne Schieldrop, chief commodities analyst at SEB Markets.
Are their legs to this rally, could we see oil reaching $75 a barrel and perhaps even passing it?
Joining Stephen Gunnion on the line from Norway is Bjarne Schieldrop, chief commodities analyst at SEB Markets.





