You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #36: Oil Futures Trade Below $57 Per Barrel [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Latest Breaking News Donate to DU
ozymandius Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-16-05 09:21 AM
Response to Reply #12
36. Oil Futures Trade Below $57 Per Barrel
VIENNA, Austria - Oil traded below $57 a barrel Wednesday after slipping to a four-month low in the previous session on expectations of growing U.S. oil inventories.

Analysts said that continued warm weather and a move into other markets by investors also was depressing prices.

But an OPEC report suggested demand would soon increase, possibly driving prices upward.

In its monthly oil report, the Organization of Petroleum Exporting Countries said the world's appetite for crude would grow next year to 84.8 million barrels a day — a slight increase over previous forecasts.

more
Printer Friendly | Permalink |  | Top
 

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC