(EnergyAsia, July 17) — The oil market’s fears of either a price collapse or a ‘hyper-spike’ from a positive or a negative outcome in the stand-off between Iran and the West are overstated, said commodities group FIMAT. Both outcomes appear somewhat unlikely. The peaceful resolution scenario is the least realistic, especially in the wake of…
MARKETS: FIMAT says oil price collapse or ‘hyper-spike’ from Iranian situation unlikely
Posted on July 17, 2006 by EnergyAsia