(EnergyAsia, January 22) — US commodity broker Fimat said the recent decline in oil prices do not reflect a serious bearish tone. In a research note, it said: “Oil markets resumed their downtrend on January 18 following the release of seemingly bearish US oil statistics, but their slide was relatively small compared to the…
MARKETS: Fimat said recent weakness in oil prices does not show a bearish trend
Posted on January 22, 2007 by EnergyAsia