Home
Economic forecasts lifted oil prices and European debt crisis will be contained locally
13/01/2012 PM - 10:45 AM | times read: 21
________________________________________
Oil prices are now heading towards the rise because of improved economic outlook and not because of the tension resulting from the current confrontation between the West and Iran over its nuclear program, according to Goldman Sachs.
The head of the Department of Energy Research Bank David Greeley in a research note that the bank sees a weak indication that the conflict with Iran could cause an increase in oil prices. In contrast, there is an increase in the debt crisis of confidence that the European will be contained locally in Europe, which helped push oil prices higher.
It is noteworthy that the price of European Brent crude oil increased by 3.9% last month, and increased U.S. light crude oil Pencah 2.3.%
[You must be registered and logged in to see this link.]
13/01/2012 PM - 10:45 AM | times read: 21
________________________________________
Oil prices are now heading towards the rise because of improved economic outlook and not because of the tension resulting from the current confrontation between the West and Iran over its nuclear program, according to Goldman Sachs.
The head of the Department of Energy Research Bank David Greeley in a research note that the bank sees a weak indication that the conflict with Iran could cause an increase in oil prices. In contrast, there is an increase in the debt crisis of confidence that the European will be contained locally in Europe, which helped push oil prices higher.
It is noteworthy that the price of European Brent crude oil increased by 3.9% last month, and increased U.S. light crude oil Pencah 2.3.%
[You must be registered and logged in to see this link.]
