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2012 • A tighter oil supply in 2012 • Tensions between Israel and Iran • The EU embargo on Iranian oil • sanctions on Syria • Elections in Venezuela and Angola, • Ongoing violence in Nigeria and Yemen The Trading Strategy EFTA_R1_00234192 EFTA01845210 You can adopt following two strategies
related to oil market. Oil has headed for third yearly gain even in 2011 Dec 2009 79.81/ barrel Dec 2010 90.83/ barrel Dec 2011 99.02/ barrel CITI Group has raised its Crude oil target price for 2012 The CITI Group now expects Brent Crude Oil to trade in a range of $100- $120 and to average $110 for
Germany Maurice Chairman of the Supervisory Board COFRA Holding AG Switzerland Brenninkmeijer Linda BriceAo Musician Fundaci0n Musical Sim6n Venezuela Bolivar Samir Brikho Chief Executive Officer AMEC Plc United Kingdom William A. Brindley Chief Executive Officer and Executive NetHope Inc.
irector. Global Head of Financial Services and Co-Head of Healthcare Chairman and Chief Executive Officer President and Chief Executive Officer, ITI Group Vice-Chairman and Managing Director Director Chief Executive Officer Chief Executive Officer Minister of Foreign Affairs Vice-President Minist
ae ee ee ae fre ne ee eee ee ee eee C7) 5 Oo ¢ a D 10% fn ° Le 0% 1970 1975 1980 1985 1990 1995 2000 2005 2010 Note: *Oil exporters include Ecuador, Venezuela, Indonesia, Bahrain, Iran, lraq, Kuwait, Oman, Qatar, Saudi Arabia, the United Arab Emirates, Algeria, Gabon, Libya, and Nigeria. KP Source: Dept. of
repayment on the Asset Guarantee program and $6.9B additional proceeds from selling Treasury’s ownership. **Treasury’s preferred stock investment in CIT Group (@)E) www.kpcb.com was lost as a result of CIT’s bankruptcy filing. Source: Dept of Treasury, data as of 2/117. USA Inc. | Income Statement Drilld
Entities connected to both Venezuela and Citibank

Jeffrey Epstein
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Donald Trump
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George W. Bush
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Prince Andrew
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Joe Biden
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United States
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Bill Clinton
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Ghislaine Maxwell
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Barack Obama
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Virginia Giuffre
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Department of Justice
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Marc Rich
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Bloomberg L.P.
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Julie K. Brown
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Prince Charles
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Stephen Hawking
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Samantha Power
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Vladimir Putin
PERSONEmmy Taylor
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