(EnergyAsia, August 31) — A retreat in oil prices to their lowest level since June reflects both seasonal, short-terms factors and market perceptions of underlying, fundamental trends, said US commodities trader FIMAT. On the one hand, the winding down of the driving season means gasoline demand pressures are temporarily easing, even as seemingly high East…
MARKET: FIMAT asks if oil rally is running out of steam
Posted on August 31, 2006 by EnergyAsia