At the start of the session on Monday Brent crude oil was being traded above $127 per barrel and dipped below $125.50 later in the same session, after Saudi Arabia assured it can pump more oil if needed and hopes of a peace settlement in Libya. On Tuesday prices continued to drop after announcement of the IEA and the IMF that crude prices above the $100 are starting to hurt global economy.Read More: http://www.catalyst-commercial.co.uk/blog/latest-news/iea-and-imf-announcements/
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment