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

The flip side to lower crude oil prices

Posted on 29 December 2008

From Hindu.com: At a time of low petroleum prices, there will be fewer incentives to step up production or save the environment. Once this is realized, oil prices may start climbing again.

The global petroleum scenario has confounded analysts and the most proactive policy makers alike. Until Last July, crude prices were on a relentless upward march touching a high point of $147 a barrel that month against $60 a year earlier….. Full Article: Source


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VRS - who has written 36995 posts on Opalesque Commodities Briefing.


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