Middle East Economic Survey
VOL. LIII
No 33
16-Aug-2010
Crude Prices Slip Back Into $70-80/B Range
Crude oil prices moved back in the $70-80/B range mid-week following reports from the US Federal Reserve saying that the economic recovery had lost momentum and a report by the US Department of Commerce that said the US trade deficit had grown by 18.8% in June to $49.9bn. WTI crude settled at $75.74/B on 12 August after more US data showed a rise in unemployment compensation claims that further...
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!