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Commodities Briefing - Categorized | Oil, Price Watch more

Oil prices between USD 105-115 during Q4

Posted on 25 October 2013

The price of crude oil is likely to oscillate between USD 105-115 during the remainder of the 4th quarter due to the onset of winter when demand for heating oil spikes, said two Kuwaiti energy experts on Thursday.
The experts, Dr. Talal al-Bathali and Ahmad Hassan Karam, concurred on the premise that no geopolitical influences will probably affect the oil price during the 4th quarter as they did during the 3rd quarter when the Syrian crisis and the US debt ceiling issue dominated the political scene………………………………………..Full Article: Source


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