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Second half comeback predicted

EVEN as crude oil prices slide to their lowest level in six months amid economic volatility and geopolitical concerns, analysts expect demand to be strong as more refineries come back online in the second half of the year.

The benchmark New York front-month contract slumped $US2.94 to settle at $US87.82 a barrel, the lowest settlement since October 21. The contract has lost more than 17% in May, which is the biggest monthly...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.