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Re: Midday Report: Oil sinks below $68 as OPEC keeps output target unchanged

By: Cactus Flower in ALEA | Recommend this post (0)
Fri, 28 Nov 14 6:40 PM | 101 view(s)
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Msg. 16343 of 54959
(This msg. is a reply to 16342 by Cactus Flower)

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but as clo says, low oil prices will have a benevolent effect on consumer pockets.

so net it might well be great news for the us economy.


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The above is a reply to the following message:
Re: Midday Report: Oil sinks below $68 as OPEC keeps output target unchanged
By: Cactus Flower
in ALEA
Fri, 28 Nov 14 6:37 PM
Msg. 16342 of 54959

oil price is usually the result of policy. opec is a cartel. and the policy is usually driven by saudi interests because they have the cheapest oil.


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