WTI is forecast at $58.90 for 2017 - Societe Generale - RTRS

According to Reuters, Societe Generale says Brent is forecast at $58.90 for 2017 (revised up by $2.65), WTI is forecast at $56.70 for 2017 (revised up by $1.95)

WTI ignores the oil-rig count

According to the latest data released by Baker Hughes, the number of active U.S.rigs drilling for oil increased by 14, bringing the total number up to
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USD/JPY extends slide toward 112.50

USD/JPY dropped further below 113.00 and bottomed at 112.55, reaching the lowest level since February 28. The pair remains near the lows as traders...
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