John Pitera's Market Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : John Pitera's Market Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Jon Koplik	12/1/2010 10:52:27 PM
	of 33421

Oil & Gas Journal -- "With the rise of the dollar, North Sea Brent crude’s price equivalent ..." From : Nov 30, 2010 MARKET WATCH: Oil price rises; gas price falls with no fundamental market change Sam Fletcher OGJ Senior Writer ************************************** With the rise of the dollar, North Sea Brent crude’s price equivalent in euros per barrel “has now reached the highest level since April 2008 when crude oil was trading at $110/bbl,” said Jakob. “The world economy could not sustain such prices in 2008 and given the austerity measures being taken in Europe, the Chinese fear of inflation, and the Organization of Petroleum Exporting Countries’ spare capacity, we continue to not see the justification for oil to currently price at 2008 levels.” ************************************** . .

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next