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Commodities Briefing - Categorized | Oil, Price Watch more

Oil price falls as investors dump commodities

Posted on 16 March 2011

From Nytimes.com: The price of oil fell below $100 a barrel on Tuesday for the first time in two weeks as investors dumped commodities for safer assets amid worries that the widening disaster in Japan could lead to a global economic slowdown.
But the slide in the price of energy may be short-lived. A variety of factors could increase fuel costs in the next few months, even as supplies remain tight because of the continuing unrest in the Middle East……………………………………….Full Article: Source


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VRS - who has written 37629 posts on Opalesque Commodities Briefing.


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