Middle East Economic Survey
VOL. LII
No 15
13-Apr-2009
OIL PRICES
Crude Price Bounce Above $50/B Suggests Return Of Financial Flow To Market, Says LCM
Investors appear to have returned to the oil marketplace, said New York-based LCM Research, seeking to explain why crude oil prices have risen in recent weeks despite weak fundamental data and continuing negative trends for industrial production and unemployment. In the 6 April issue of The Week Ahead, LCM said financial flows have significantly...
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