Middle East Economic Survey
VOL. LII
No 43
26-Oct-2009
Crude Oil Price Tops $80/B With Help Of Weak Dollar And Equities
The price of WTI closed at $81.19/B on 22 October, having the previous day topped $80/B for the first time this year. Until the 22 October close, WTI had gained steadily since early in the month, encouraged by a tumbling dollar and upbeat activity on Wall Street that casts an optimistic light on economic recovery. Traders now expect a correction in oil prices on the assumption...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!