Middle East Economic Survey
VOL. LIII
No 40
4-Oct-2010
Crude Oil Prices Make Monthly, Quarterly Gains
The price of WTI crude settled at $79.97/B on 30 September, closing out the month with an 11% rise gaining $8.05/B and finishing up on the quarter by 5.74% with a front month gain of $4.34/B over the period. WTIs rise over the week reflects weekly data from the US Energy Information Administration (EIA) showing a decline in US crude oil and petroleum product inventories and economic data...
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