TeleTrade - Analytics

    TeleTrade

    772.50 6.50/10
    81% of positive reviews
    Real

    22.10.2015 09:18 Chief executives of world's largest oil traders Mercuria and Gunvor expect oil prices to remain below $60 per barrel until 2017

    Chief executives of world's largest oil traders Mercuria and Gunvor expect oil prices to remain below $60 per barrel until 2017.

     

    Mercuria Chief Executive Marco Dunand said on Wednesday that there will a deficit in 2016 in the oil market as non-OPEC countries will cut its oil output. But despite this expectations, he noted that oil prices will rise at a slow pace.

     

    Gunvor Chief Executive Torbjorn Tornqvist said that he did not expect oil prices to rise to higher levels at least until the middle of next year.


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree