Rating is available when the video has been rented.
This feature is not available right now. Please try again later.
Published on May 17, 2016
Crude Oil Price Forecast 2016 Implications for Stock Market Trend
At the start of the year the prevailing mood in the oil market was not just one of gloom and doom but of catastrophe as the oil price sunk below $30, skidding by the middle of February to virtually touch $25, a period during which many prominent analysts and investment banks such as Goldman Sachs all of whom were bearish on the prospects for oil prices this year some even suggesting that the oil price could sink to as low as $10 (Standard Chartered) which meant that the oil producers large and small, the frackers and even a string of nations such as Russia, Nigeria and Venezuela were on the fast track towards going bust as their oil profits that financed their state spending budget deficits evaporated.
Find out what the prospects are for the crude oil price for the remainder of 2016 and it's implications for the stock market.
BrExit to Save Europe from the Apocalypse US Dollar Trend Forecast UK Housing Market Trend Forecasts US Stock Market Forecasts US House Prices Detailed Multi-Year Trend Forecast Gold and Silver Price Forecast