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Investors, Analysts Expect WTI Dip In 2014, Uptick In Natural Gas

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By Darren Barbee, Hart Energy
December 30, 2013

Hit the brakes: Sentiment for 2014’s WTI oil price isn’t great but still solid.

A survey by Bernstein Research found that prices would fall about $6 per barrel in third quarter 2014 compared to third quarter 2013, said Bob Brackett, senior analyst for Bernstein, in a Dec. 19 report.

The firm polled 168 portfolio managers and analysts for its fourth quarter 2013 survey. Bottom line, their sentiment is shifting to gas and refiners amidst struggles with WTI, Brackett said. The most common reasoning is prices will fall as spare global ...

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