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Commodities Briefing - Categorized | Energy, Market Moves, Oil more

What OPEC can teach the U.S. department of energy

Posted on 24 September 2012

Markets thrive when information is cheap, abundant, and reliable. This rule holds true for all sorts of markets, from housing to stocks to energy. More transparency in energy markets makes them better able to respond to supply-and-demand signals and makes pricing more efficient.
Many countries could help the oil market function better if they were more forthcoming about their supply, demand, inventory, and reserve data. The United States deserves credit for the enormous service it performs by releasing timely, comprehensive, and free information about the flow of oil within its borders………………………………………..Full Article: Source

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


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