Oil Rebounds From Biggest Slump of 2012 as Storms Build – Bloomberg 06-21-12


Ken Hasegawa at Newedge Group expects WTI will trade between $75 and $82 until the end of the month; until September, we have volatility from the Atlantic hurricane season.

Fourteen of 27 analysts polled by Bloomberg expect oil to decline through June 29.

Read the full article at http://www.bloomberg.com/news/print/2012-06-22/treasuries-remain-higher-on-stocks-as-gross-warns-of-risk-assets.html