Oil forecasts `glib, futile and damaging` – Oilcast #13

In this Oilcast…Adam Porter looks at sixty dollar oil prices on the NYMEX, Shell shares, Iran’s pipelines, a CINOOC man in New York and more possible OPEC production increases.
Plus we take on board one of the harshest industry reports yet, from analysts Energyfiles and Douglas Westwood. They claim current forecasts, like resistance, are ‘futile’.