Oil spikes and alternative scenarios for CE markets

Fri, Jun 13 2008, 13:31 GMT
by KBC Market Research Desk

KBC Bank


Oil price is big unknown, but it‘s time to prepare for the likelihood of another oil shock and its consequences

We have elaborated two possible scenarios:

  • Steady-oil scenario (which is our base-line now):

         The oil price remains unchanged till the end of 2008 (+/-82 euro per barrel till end of 2008)

  • Oil-shock scenario:

         The oil prise will spike by another 20 % in euro terms (oil price average for the second half

         will be around 95 eur/barrel)

          image 1


 


Published on  Fri, Jun 13 2008, 14:10 GMT

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http://www.kbc.be/dealingroom | piet.lammens@kbc.be

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This non-exhaustive information is based on short-term forecasts for expected developments on the financial markets. KBC Bank cannot guarantee that these forecasts will materialize and cannot be held liable in any way for direct or consequential loss arising from any use of this document or its content. The document is not intended as personalized investment advice and does not constitute a recommendation to buy, sell or hold investments described herein. Although information has been obtained from and is based upon sources KBC believes to be reliable, KBC does not guarantee the accuracy of this information, which may be incomplete or condensed. All opinions and estimates constitute a KBC judgment as of the data of the report and are subject to change without notice.

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