Mon, Jan 26, 2015
A A A
Welcome preal121
RSS

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

SG bearish on crude oil, product price in Q4

Posted on 31 October 2012

The prices of crude oil and products is set to drift lower through the fourth quarter and the first half of next year, as the fiscal headwinds in Europe and the US will weigh on the global economy leading to weaker demand, according to Societe Generale.
“For (the) near term, we are actually bearish on energy (prices), particularly oil and products, as the demand growth is moderate and the supply is sufficient right now,” Jeremy Friesen, commodity strategist at Societe Generale Corporate and Investment Banking, told a press conference on Tuesday………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 38958 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
January 2015
S M T W T F S
« Dec    
 123
45678910
11121314151617
18192021222324
25262728293031