A sustained rally in oil and gas commodity prices “will be elusive” as markets search for a self-supporting recovery and a reduction in asset market volatility into 2010, predicted Adam Sieminski, chief energy economist, Deutsche Bank, Washington, DC, in his first report of the new year.“Commodity indices posted their worst performance in recorded history last year, primarily due to the collapse in spot prices,” Sieminski said. Moreover, he said, “We expect global oil demand growth to be significantly worse in 2009 than consensus forecasts.” He predicts crude prices “will not hit rock bottom until the end of this year as Organization of Petroleum ...