(EnergyAsia, January 28, Monday) — US commodities trader Fimat expects world oil prices to take a “pause” this year after the recent run-up to record levels.WTI oil futures have gone through a roller coaster, falling 12% in three weeks from an all-time nominal high of $100.09 on January 4 after surging 44% from August lows.Fimat…
MARKETS: Fimat expects a “pause” in oil rally for 2008, WTI crude to stay at $80 a barrel
Posted on January 27, 2008 by EnergyAsia