OIL PRICES

 

Oil Prices With Investors Concerned Over Economic Outlook

Benchmark crude oil prices remained rangebound last week, mainly below the $100/B mark, with investors keeping a wary eye on US and European debate over the need for a new round of quantitative easing. Adding to the gloomy outlook was unexpectedly weak economic data from China. However, a market floor was provided by reports that talks between Iran and the P5+1 governments over...