Oil Market Outlook 2006: Future Imperfect

Like a lot of markets, the oil indexes are strange beasts indeed. Theories come and go. Waves of fashion wash across the shores of analysts, journalists and institutions alike. Quite amazingly most of them are wrong. If there is one tip about predicting the oil markets it is this: don
Currently the average price of oil in 2005 is some 36.7% up on 2004. So in fact