Middle East Economic Survey
VOL. LIII
No 42
18-Oct-2010
Crude Prices Remain In Lower $80/B Range
The price of WTI crude has remained in the lower $80/B range over the last week, settling at $82.69/B on 14 October, while ICE Brent remained at a premium over WTI, settling at $84.53/B the same day. While economic data continues to make its daily impact on the price of WTI, there has yet to emerge a clear understanding of why prices have risen to this point. The rise above the $80/B mark is...
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