Fri, Feb 27, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Energy, Market Moves more

The impact of energy

Posted on 31 October 2008

From Times Online: In the cycle of boom and bust that has characterised the global economy over the past decade, commodity prices have played a central role. The Western industrial economies cannot now escape recession.

The recent precipitate collapse in oil prices is, however, an isolated source of encouragement as businesses and consumers brace themselves for the gathering storm. Three months ago oil prices reached almost $150 a barrel. Yesterday they traded at just over $60. In normal times, oil prices act as an automatic stabiliser….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 39433 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
February 2015
S M T W T F S
« Jan    
1234567
891011121314
15161718192021
22232425262728