Slugcatcher catches oil optimism

IT'S not easy being an oil optimist after last week's 10% price fall from around $US50 a barrel to $45/bbl, but from what Slugcatcher has been reading lately the volatility we're watching is all part of the rebalancing process on the way back to $80/bbl.

Slugcatcher catches oil optimism Slugcatcher catches oil optimism Slugcatcher catches oil optimism Slugcatcher catches oil optimism Slugcatcher catches oil optimism

If that price forecast sounds unrealistic then don't shoot the messenger because all he's doing is repeating what one of the world's leading investment banks, Morgan Stanley, reckons will happen to

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