13.02.2012 - Oil price pressures political risk factors

The global economic crisis has seen the price of oil torn in all directions, as poignantly highlighted by the exceptionally 2008-2009 cycle. The current constellation of market drivers promises another installment of volatility. On the one hand, in spite of some positive signs, the global economy remains fragile and the prospect of fiscal consolidation in many economies has pushed oil demand erosion concerns back to the forefront...............................................Full Article: Source

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