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Commodities Briefing - Categorized | Oil, Price Watch, Trading more

Why petrol prices could be about to fall - at last

Posted on 05 December 2013

Opec, the cartel of Middle Eastern, Latin American and African oil producers is meeting in Vienna today and this time they won’t be toasting the rising price of oil.
Commodity traders are whispering about a big drop in the price of oil over the next twelve months due to a range of factors from the emergence of American shale power to the potential softening of sanctions on Iran………………………………………..Full Article: Source


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VRS - who has written 39513 posts on Opalesque Commodities Briefing.


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