oil's future (1)

The Risky Future of Oil

8028243480?profile=original

Brent and WTI crude prices fell more than 6.4% to US$29.64 and US$29.57 a barrel respectively yesterday (25Jan2016) following a ~10% rise last Friday. Today’s price came up a little opening at US$29.79 but as usual, promising nothing out of the ordinary (Figure 1).

AAEAAQAAAAAAAAaDAAAAJGQ1N2YzN2JjLTYyYmUtNDFiNS04NTY1LWFhN2FlOTZkZWEwMA.jpg

                                               Figure 1: WTI Oil Price, 26-Jan-2016

No one expert knows exactly how much oil out there exceeds the global volumetric demand but all seem to agree that the entire world is drowning in it. T

Read more…

    About Us

    The GlobalRisk Community is a thriving community of risk managers and associated service providers. Our purpose is to foster business, networking and educational explorations among members. Our goal is to be the worlds premier Risk forum and contribute to better understanding of the complex world of risk.

    Business Partners

    For companies wanting to create a greater visibility for their products and services among their prospects in the Risk market: Send your business partnership request by filling in the form here!

lead