Thu, Jun 24, 2021
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Oil, Price Watch more

No alarm in OPEC yet on falling oil price

Posted on 12 August 2011

OPEC, source of more than a third of the world’s oil, is unlikely to become concerned about a slide in oil prices unless Brent crude falls towards $90 a barrel, OPEC delegates said on Thursday.
Brent LCOc1 has fallen to $106 a barrel, down more than $20 from its peak this year of $127.02, on concern of slowing oil demand due to the European debt crisis and a weakening economic outlook for the United States……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 48800 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
banner
banner
June 2021
S M T W T F S
« Nov    
 12345
6789101112
13141516171819
20212223242526
27282930