2013 Oil Price Forecast: Why Oil Remains a “Must-Have” Profit Play Next Year

One of the most important topics we discussed in Moscow last week were the various forecasts of where crude oil prices are likely to be in 2013.
These 2013 oil price forecasts were all over the place, owing to the high level of uncertainty on a number of basic elements.
According to the Russian Ministry of Energy, or Minenergo, the “official” government estimate has oil prices low – at about $80 a barrel in 2013.
However, there were other estimates floating about. The Ministry of …

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