| 31.05.2010 - Wild market swings — much beyond the demand–supply fundamentals |
| From Arabnews.com: And what a bizarre last few days! With market psyche continuing to oscillate, oil prices too continued to swing, rather- wildly - from one end to the other. To begin with – crude markets were on a losing streak. Oil, trading as high as $87.15 a barrel on May 3, dropped to as low as $64.24 on May 20. At one point crude prices had lost about 26 percent in prices this month..........................................Full Article: Source |