(EnergyAsia, September 14) — The fundamentals of the oil remain strong despite the recent steep decline in oil prices, said commodities trader Fimat. It said the steep downward correction has more to do with temporary changes in risk perception than with any significant, durable shift in market fundamentals. In a commentary, Fimat said: “For…
MARKETS: Fimat says oil fundamentals remain strong despite recent downward correction
Posted on September 14, 2006 by EnergyAsia