Mon, May 25, 2015
A A A
Welcome preal121
RSS

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

Oil markets falling off the cliff on OECD concerns

Posted on 29 November 2012

Oil prices declined this week following a report from the Organization for Economic Cooperation and Development that major world economies were expected to make an “uneven recovery” over the coming years. In early November, OPEC said ongoing concerns about the sovereign debt crisis in European economies, coupled with problems with other leading economies, would be a drag on commodity markets.
In the United States, meanwhile, partisan rancor over the so-called fiscal cliff means the world economy is nowhere near a post-recession climate………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 40616 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