2017 Oil Market Outlook

With 2017 in full swing, the global oil market has been fairly stable as of late, remaining relatively flat for February, and starting March off at a level of $53.59 per barrel. With that being the case, due to key trends emerging within the oil industry and global economy, I have estimated West Texas Intermediate spot oil to be around $50 for 2017. This is due to a number of macro and industry-specific factors.

Find out more in our latest report: 2017 Oil Market Outlook