Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 15 : 15-Mar-16
The price of Brent crude oil was trading at around $US40 per barrel on 14 March 2016, compared with a low of around $US28/barrel in January. Beach Energy director Jim McKerlie expects the oil price to remain at around $US40 in the near-term, and he forecasts that it will eventually rebound. Meanwhile, Fat Prophets expects the price of Brent crude oil to be trading at around $US55/barrel by the end of 2016.
CORPORATES
BEACH ENERGY LIMITED – ASX BPT, FAT PROPHETS, INTERNATIONAL ENERGY AGENCY, AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE, DRILLSEARCH ENERGY LIMITED, BERNSTEIN RESEARCH, AWE LIMITED – ASX AWE, SANTOS LIMITED – ASX STO, ORIGIN ENERGY LIMITED – ASX ORG