The oil market just doesn’t want to go down, said SG Bank last week after the mixed bag of US statistics showing widely different views between the US government’s Department of Energy and the industry’s American Petroleum Institute that played to both bulls and bears. On the bearish side, the French bank said rising Venezuelan…
MARKETS: SG Bank says oil prices supported by products drawdown in the US
Posted on October 20, 2003 by EnergyAsia