PREMIUM FEATURES

Oil glut lengthens

A CONSENSUS is growing that oil prices won't recover until 2018, causing a structural shift in the market to even lower break-even prices, but Edison doesn't believe they will sink to the feared $US20/barrel level touted by three major banks.

Anthony Barich

Standard Chartered Bank even pushed its short-term oil price forecasts to as low as $10/bbl, though this was based on financial flows caused by fluctuations in other asset prices rather than oil market...

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