Wed, Apr 16, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Oil, Price Watch more

Oil prices: Challenges and responses

Posted on 05 February 2014

This year could be another time for testing the abilities of oil producers led by Saudi Arabia on how to manage the volatile market. High on the list of challenges is the growing supply not only from outside OPEC but also from non-conventional sources such as shale and sand oil coupled with timid economic recovery.
And accordingly oil prices are expected to hedge lower than last year putting more pressure on finances of oil exporting countries. A Reuters’ market survey by the end of December expects that the price of a Brent barrel, one of the main benchmarks, will average $104 in 2014 against $108.70 in 2013………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 34604 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930