Economists at UBS believe distortions in oil markets are likely to contribute to continued volatility in markets. Key quotes “We believe distortions in oil markets are likely to contribute to continued volatility in markets. But while the market is heavily oversupplied this quarter, we expect it to move toward balance next quarter and become undersupplied in 4Q this year.” “We forecast WTI to recover to USD 40/bbl by year-end. This creates investment opportunities in operators in the US energy equity market whose financial position is strong; in the defensive end of the European energy market; and in fixed income, where we continue to see opportunities across almost the entire rating spectrum, with a preference for issuers with low production costs, comparatively strong fundamentals, and access to capital.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold Price Analysis: Battles $1750 amid tepid sentiment, ahead of FOMC minutes FX Street 2 years Economists at UBS believe distortions in oil markets are likely to contribute to continued volatility in markets. Key quotes “We believe distortions in oil markets are likely to contribute to continued volatility in markets. But while the market is heavily oversupplied this quarter, we expect it to move toward balance next quarter and become undersupplied in 4Q this year.” “We forecast WTI to recover to USD 40/bbl by year-end. This creates investment opportunities in operators in the US energy equity market whose financial position is strong; in the defensive end of the European energy market; and in fixed income, where… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
