Posted by DreamHunter > 2018-03-15 09:46 | Report Abuse

Oil prices recovering, with substantial positive upside & relatively manageable downside. And when they do fly, they really fly. Some bullish O&G analysts already predicting US$75 for Brent come 2019. Increasing OPEC/non-OPEC agreement on necessity to control oil production, continued expansion in global manufacturing to feed growing global consumption, possible US-China trade war, unresolved geopolitical uncertainties in Western Pacific region, all of these could provide the impetus for an upward movement for oil prices. All in all, many more positives compared to negatives.

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