Sun, Aug 2, 2015
A A A
Welcome preal121
RSS

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

How low can it go? Economists ponder crude oil price’s bottom

Posted on 17 November 2008

From Canadianpress: A little more than four months ago, there appeared to be no end in sight to oil’s spectacular run, with some calling for prices to hit US$200 a barrel. But crude has been on a steep, virtually uninterrupted downward slide since hitting a record of US$147 on July 11.

Crude for December delivery closed at US$57.04 per barrel Friday on the New York Mercantile Exchange - a more than60 per cent decline from its all-time high….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 41692 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
August 2015
S M T W T F S
« Jul    
 1
2345678
9101112131415
16171819202122
23242526272829
3031