landing of record-high oil prices, said US commodities broker Newedge. The sharp run-up in oil prices this year have had a profound impact on the world at many levels: social, economic, political and institutional. Unlike earlier price gains, the latest hike is causing real stress, not just on refiners and consumers, but also on the…
MARKETS: Saudi Arabia, consuming countries trying to engineer a decline in oil prices, says commodi
Posted on June 18, 2008 by EnergyAsia