Thu, Sep 18, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Oil, Price Watch more

Are you expecting oil prices to fall?

Posted on 25 February 2013

Recent releases from the International Energy Agency tell of moderating growth rate of the global demand for oil - which was based on lower economic growth projections. And promises of “fracking” to boost oil supply are bouncing around cyberspace. Images of supply and demand curves flash in one’s mind.
Yet, the cost of oil today has little to do with supply versus demand - but is more about marginal cost of supply and producers’ ability to manipulate supply. Peak oil and anti-Obama rhetoric notwithstanding, oil production in the USA has been growing……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 36995 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930