Sat, Oct 25, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Oil, Trends more

Oil constrained by high supply, weaker US growth

Posted on 22 October 2013

Benchmark U.S. crude prices may dip further below $100 a barrel this week, reflecting favorable supply dynamics and weaker growth prospects in the U.S., according to CNBC’s latest market survey of traders, analysts and strategists.
Almost three-quarters of the respondents in CNBC’s latest poll of oil market sentiment (18 out of 25) believe prices will fall this week, 20 percent (5 out 25) expect gains and 8 percent (2 out of 25) are neutral………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 37629 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031