Where do oil prices go from here?

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By Alex Lennane

05/03/2015

There is broadly good news on oil prices. Saudi Arabia’s oil minister, speaking in Germany this week, said the country would not be a “swing producer”, while demand is growing more slowly than anticipated. According to this Bloomberg comment, prices may be volatile, and rise towards the end of the year, but there’s no reason to anticipate a speedy return to the $100-a-barrel level.

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