«Consumers are in the best mood they've been in since the financial crisis, and that usually equates to more gasoline usage,» said Phil Flynn, senior oil analyst at Chicago - based Price Futures Group. (cnbc.com)
«From a pure demand perspective, the China risk is pretty much priced in,» said Matt Parry, senior oil analyst at the International Energy Agency in Paris, in an email. (marketwatch.com)
When the year began, many investors anticipated strong earnings growth mostly coming from the energy sector, and many oil analysts had targeted crude prices in the upper US$ 50s to low US$ 60 / barrel range over the course of 2017. (blackrockblog.com)