PALM BEACH, Florida -- At the annual meeting of the Independent Petroleum Association of America (IPAA) in Palm Beach, Fla., a respected industry analyst told producers that they’d better get used to lower-priced oil, because it’s going to be around for a while. Speaking to attendees Wednesday afternoon, Pavel Molchanov, senior V.P. for Energy Equity Research at Raymond James & Associates, said that “we’re modeling $90 Brent and $75 WTI for next year. We expect the differential between the two crudes to widen out.”
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IPAA '14: Analyst tells independents to expect $75 oil in 2015
![IPAA '14: Analyst tells independents to expect $75 oil in 2015]()
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