Thursday, December 22, 2011

Forecasts - a tool of speculators

Oil Resursy21-05-2009 forecasts - a tool of speculators again appear bold predictions about the growth of oil prices. Yesterday, Goldman Sachs analysts have promised that the "black gold" in the coming years will return to the level of $ 70 per barrel. However, what is the price of these predictions? The impression is that analysts of major investment banks play again "to raise or pursue any other selfish purpose, concocting" comfortable "forecasts. In recent weeks, the price of oil exporters pleased with some growth. Dose of optimism, trying to pour oil market, and experts. For example, analysts Goldman Sachs Group, as well as a famous investor, head of Templeton Asset Management Mark Mobius predict the price of oil at $ 70 per barrel in 2011. According to M. Mobius growth of prices for "black gold" should ensure the active consumption of oil and gasoline on the background of a lack of alternative sources of energy. Demand for oil is a critical factor, and fill the oil is not easy, said M. Mobius. With the same optimistic forecasts made by Goldman Sachs. "Oil prices will probably have a tendency to increase during the second half of 2009 and in 2010 - said an analyst at Goldman Sachs in Hong Kong Kelvin Koh. The following year, the average price hit $ 70 a barrel. In 2011, expect is $ 90 per barrel.

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