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Commodities Briefing - Categorized | Oil, Price Watch more

Crude higher as economic data better than expected

Posted on 27 March 2009

From WSJ: Oil futures set a fresh high for 2009 Thursday, on the back of a string of better-than-expected economic indicators. The latest figures, released Thursday, show that the U.S.’s gross domestic product contracted by 6.3% in the fourth quarter.

This wasn’t as sharp of a decline as some economists had expected. ….Full Article: Source


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VRS - who has written 37629 posts on Opalesque Commodities Briefing.


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