Wed, Mar 4, 2015
A A A
Welcome preal121
RSS

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

Price of oil

Posted on 27 June 2013

Oil is one of the most important commodities in our global economy. Similar to any other commodity traded in the free market, oil prices fluctuate over the time. Even more, the price of oil changes more frequently compared to other commodities. Moreover, the oil price impacts the vigor of the world economy.
Higher oil prices since 1999 contributed to the global economic decline in the year 2000 to 2001 and are slowing the current cyclical upturn. Due to the effect of oil price on world economy, it is important to study the factors impacting the oil price………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 39476 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
S M T W T F S
« Feb    
1234567
891011121314
15161718192021
22232425262728
293031