Sat, Jan 31, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Oil, Price Watch more

Why oil prices will hover at $120 for next decade

Posted on 18 March 2013

The commodity super-­cycle in which commodity prices reach ever-higher highs and fall only to higher lows is not over. Despite the euphoria around shale gas — indeed, despite weak global growth — commodity prices have risen as much as 150 percent in the aftermath of the financial crisis. In the medium term, this trend will continue to pose an inflation risk and undermine living standards worldwide.
For starters, there is the convergence argument. As China grows, its increasing size, wealth and urbanization will continue to stoke demand for energy, grains, minerals and other resources………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 39041 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