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Commodities Briefing - Categorized | Oil, Price Watch more

Crude oil will average $115 through 2012

Posted on 06 October 2011

Crude oil completely broke down in September, falling more than 10% as investors re-priced the new normal of lower growth and possible recession across several asset classes.
But underlying fundamentals will put a floor on oil’s possible fall, as producers rebalance supply and demand to keep the market tight, JPMorgan’s commodities research team says……………………………………….Full Article: Source


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VRS - who has written 36729 posts on Opalesque Commodities Briefing.


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