Fri, Jul 25, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Market Moves, Oil, Price Watch, Research more

Global oil prices may see drastic fluctuations

Posted on 14 December 2011

According to research findings released by the Chinese Academy of Social Sciences, global oil prices will fluctuate around the benchmark scope of 79 U.S. dollars to 90 U.S. dollars in 2012.
The oil prices will usually return this interval after a single deviation unless a significant permanent change in the world’s economic and political structure occurs, according to the academy. Domestic demand for oil is increasing year by year due to the vigorous development of China’s economy. However, domestic oil production is not keeping up with the increasing demands and is even stagnating……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 36130 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

July 2014
S M T W T F S
« Jun    
 12345
6789101112
13141516171819
20212223242526
2728293031