VirtualOil shuts in but retains forward value

Is Iran right that oil is heading for $25? Are OPEC and the International Energy Agency (IEA) right that prices will rebound later this year? The headlines suggest that, whatever the case, oil isn’t ready to recover the enormous value it has lost in recent months. With upwards of a [...]

VirtualOil shuts in but retains forward value was published on SAS Voices by Ian Jones