Gazing into the energy crystal ball for 2012

Gazing into the energy crystal ball for 2012


ATHENS - Hoo-hah! Yet another year wrapping up -- time for some Energy Crystal Ball Gazing for 2012: The Scent of Fear! There are ongoing issues: oil prices in the context of global recession and tensions in the Middle East, the Russo-Ukrainian gas tango and gas supplies to the EU as Russia tightens its grip on Ukraine’s transit pipeline. Oil prices for Brent crude in 2012 are likely to remain around $100 a barrel or a little lower as the world economy slows unless there is a major conf...


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