(EnergyAsia, December 2 2010, Thursday) — Macquarie Research has concluded that oil prices, which have been holding well at US$80 to $85 a barrel, have been solidly supported by robust global oil demand in recent months. In a recent report, it noted: “Oil demand globally is growing faster than anyone (including us bulls) expected. Third-quarter…
MARKETS: Oil prices supported by bullish fundamentals, says Macquarie Research
Posted on December 1, 2010 by EnergyAsia