Mon, Aug 3, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Oil, Regulatory more

Fall in oil prices to help economic recovery -Saudi Oil Minister

Posted on 15 January 2009

From Reuters: The steep fall in oil prices in recent months does not reflect market fundamentals but will help economic recovery, Saudi Oil Minister Ali al-Naimi said on Wednesday.

“The price of oil … has declined in recent months by more than 70 percent since reaching their highest level in July — a drop that will play a major role in aiding economic recovery,” he told the Petrotech conference in New Delhi….. 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