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Commodities Briefing - Categorized | Oil, Price Watch more

WTI crude oil price to test $65 level in 2013

Posted on 03 December 2012

WTI closed November just shy of $89 a barrel on hopes of an improving economy. I think there is an argument for an improving economy in 2013, but it is just too early to tell how things are going to come together with the economy, and all the ramifications of basically an anti-business and social agenda political leadership of the last four years.
I am not making a political statement that there aren`t some benefits to be gained by such governmental policies, more to state the fact that with a lot of the legislative and fiscal policies of the last four years we have yet to fully understand some of the costs and unintended consequences of these policies like higher taxes, increased healthcare costs, and increased business regulation costs………………………………………..Full Article: Source


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VRS - who has written 36243 posts on Opalesque Commodities Briefing.


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