Sat, Dec 20, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Oil, Price Watch more

Oil-price risks ease on economic decline, Libya, IEA says

Posted on 20 October 2011

Jumps in oil prices, which led some countries to withdraw crude from stockpiles earlier this year, are less likely as economic growth slows and Libyan fields resume output, said David Fyfe, the head of the International Energy Agency’s oil-industry and markets division.
“There is not the same potential for economically damaging spikes in price in the fourth quarter that we saw in the third quarter,” he told reporters today during the agency’s annual ministerial meeting in Paris……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 38538 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031