Oil to $70? Or down to $30? (Oilprice.com)

02 / MAR / 2017

Nick Cunningham (Oilprice.com)

Will oil prices rise to $70 per barrel this year or fall to $30? Depends on who you ask.

Oil price forecasts are always all over the map, but the exceptional disparity between some projections for 2017 is pretty stunning. On the one hand, you have Citibank, which sees oil shooting up to $70 this year as supply continues to tighten even as demand rises.

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Oil to $70? Or down to $30? (Oilprice.com)
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