Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 27 : 21-May-15

The price of West Texas Intermediate crude oil was trading at $US58.60 per barrel on 20 May 2015. Grant Porter of Barclays is bearish about crude oil, forecasting that the US price could trade at around the $US65 level until at least 2017. He notes that drilling work at many US oil wells is partially complete, and they will begin production when the oil price becomes more favourable.

CORPORATES
BARCLAYS BANK PLC, THE GOLDMAN SACHS GROUP INCORPORATED, ROYAL DUTCH SHELL PLC, BG GROUP PLC