Sat, Feb 28, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Oil, Price Watch more

Oil prices risk tumbling further in 2009

Posted on 29 December 2008

From Business.inquirer.net: Oil prices, which hit record highs above $147 a barrel this year before plunging under $33, risk slumping more in 2009 as recession curbs the world’s appetite for energy, analysts say.

“We expect oil prices in early 2009 to remain under pressure given the weakening demand outlook and as global economies continue to slow,” said Nimit Khamar, analyst at the Sucden brokerage in London….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 39433 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
February 2015
S M T W T F S
« Jan    
1234567
891011121314
15161718192021
22232425262728