(EnergyAsia, May 18 2010, Tuesday) — The commodities market including oil is headed for more volatility on a clash of conflicting forces brought on, most notably, by rising demand in the developing countries and the rapid decline of the American and European economies. Crude oil has held between US$70 and $85 a barrel for nearly…
MARKETS: As Eurozone economy collapses, analysts predict crude oil to reach US$100/barrel next year
Posted on May 17, 2010 by EnergyAsia