Sat, May 23, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Oil, Price Watch more

What’s up with oil prices?

Posted on 08 October 2012

During October, the price of oil has shifted from gains to losses on daily basis. Despite the sharp shifts in the price of oil it has only declined by 0.5% during the month. United States Oil (USO) also declined by the same rate.
The decline in the price of oil may have had a negative effect on energy companies’ stock such as Exxon Mobil Corporation (XOM). What has changed in the oil market to warrant such sharp shifts in the price of oil? Let’s examine what has changed in the oil market and try to figure what’s next for oil………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 40596 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
May 2015
S M T W T F S
« Apr    
 12
3456789
10111213141516
17181920212223
24252627282930
31