| 04.02.2009 - Morgan Stanley pegs oil at $35 this year |
| From Livemint.com: The International Monetary Fund said last month gross domestic product in the US will contract 1.6% this year, while Japan’s will fall 2.6% and the euro-area economy by 2%. Crude oil in New York will average $35 a barrel this year as the global economy contracts, limiting demand for fuels, Morgan Stanley said on Tuesday..... Full Article: Source |