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Commodities Briefing - Categorized | Market Pulse, Oil more

Crude market fundamentals point to a weaker 2010

Posted on 29 December 2009

From Zawya.com: Now is the time to take a quick look at the year that has almost gone by — 2009. From the crude oil point of view, it has been a roller coaster year. Interestingly, the oil markets during the year mirrored the previous decade rolled into 12 months.

Only a decade ago in December 1999, oil markets slid toward the then-unthinkable barrier of $10 a barrel and respected publications such as The Economist predicted that crude would sink below $5 and stay there……………………………………Full Article: Source


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