Scenarios for oil markets in 2013

The fourth quarter of 2012 a number of events has dominated oil markets, each with their own impact on oil prices and supply and demand fundamentals. We have seen Hurricane Sandy wrack the US East Coast and increasing tension between Israel and Hamas influence the supply side of oil markets. We have also perceived a strong focus on financial issues in the US and the Eurozone, influencing the demand side of oil markets.

This e-paper will analyze these themes and describe three scenarios that are (more or less) likely to occur.

Scenarios for oil markets in 2013