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Michele Kearney's Nuclear Wire - Major Energy and Environmental News and Commentary affecting the Nuclear Industry. Nuclear Activities
Monday, March 7, 2011
The big four ‘known unknowns’ for oil
The big four ‘known unknowns’ for oil Citi analysts raised their Brent oil estimate to $105 and $100 for 2011 and 2012 respectively, from $90/barrel, on Monday. That’s as Brent crude sits tight around the $115 per barrel mark, with WTI not far behind at $105 per barrel. More interestingly though, Citi’s analysts sum up the four big “known unknowns” when it comes to oil and the Middle East crisis thus: - How much supply is at risk? — In our note Global Oil & Gas – Navigating the MENA Region, 28 February, we categorised 3.3Mbd of MENA exports as vulnerable but don’t completely discount the risk of more …
http://link.ft.com/r/DHGUVV/
http://link.ft.com/r/DHGUVV/
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