Oil and gas in the capitals ///

WTI crude oil prices could reach U.S. $58/bbl during the second half of this year, with Brent closer to $68/bbl, said Ann-Louise Hittle, Head of Macro Oils at Wood Mackenzie. Speaking at the 2015 ARPEL Conference in Punta del Este, Uruguay, Hittle said this confirms that low oil prices will likely persist until the end of 2015. While increased consumption and refinery activity in the U.S. are encouraging an optimistic outlook, Latin America remains a center of energy investment opportunities.

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