Addis Hill logo in blue and green

Oil Prices Could Rise by 35% Later This Year


We wanted to pass along a quick note on the oil environment as it pertains to MLPs; Master Limited Partnerships.  This is an article in Barron’s we wanted to post.

Oil Prices Could Rise by 35% Later This Year
A prescient analyst at Citigroup thinks oil, recently at $44 a barrel, could head to $60 as demand increases.

The price of crude oil could touch $60 a barrel before the end of this year, as demand exceeds supply. Citigroup senior energy analyst Eric Lee, featured in Barron’s as anticipating the bear market when the price was over $100, has become a short-term oil bull at current levels. Lee picks up the story

Source BARRON’s




Get the latest blog posts conveniently delivered to your email.

By submitting this form, you are consenting to receive marketing emails from: Addis Hill, Inc., 200 W. LANCASTER AVE, WAYNE, PA, 19087, You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email.