Mon, Dec 22, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Oil, Trading more

Tumbling US oil price transforms trading

Posted on 07 November 2013

It is a taste of things to come. As the benchmark US oil price has slumped over the past month, so has the cost of crude in the Gulf of Mexico, one of the largest refining hubs in the world.
The sharp price moves are testament to the impact of the US shale revolution, which has sent new supplies of crude from oilfields in North Dakota and Texas to the coasts of the US - with far-reaching effects on international oil markets………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 38561 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031