1. English Edition

Crude Could Hit $140 By December -Citibank

Crude Could Hit $140 By December -Citibank
dj
Πεμ, 17 Μαρτίου 2011 - 18:00
Crude oil prices are geared to the upside and could hit $140/bbl before December, says Citibank. Increased tensions in the Middle East and North Africa, combined with a likely increase in demand in the wake of the Japan quake and tsunami, suggests the risk points to higher prices, says the bank.
Crude oil prices are geared to the upside and could hit $140/bbl before December, says Citibank. Increased tensions in the Middle East and North Africa, combined with a likely increase in demand in the wake of the Japan quake and tsunami, suggests the risk points to higher prices, says the bank. However, it warns against taking an outright position, as net long positioning is very stretched.
Ακολουθήστε το energia.gr στο Google News!Παρακολουθήστε τις εξελίξεις με την υπογραφη εγκυρότητας του energia.gr

Διαβάστε ακόμα