(EnergyAsia, February 4, Monday) — World oil prices are expected to remain well supported on supply constraints and strong demand despite the threat of an economic recession in the US. Benchmark WTI crude futures have been trading around US$90 a barrel in recent months, hitting a record high of more than $100 a barrel on…
MARKETS: Oil remains strong on world demand, supply constraints despite US slowdown
Posted on February 3, 2008 by EnergyAsia