Oil Market Q4 Outlook
Analysts see Brent prices easing and WTI ending the year where it began, but do not rule out more volatility over Q4.
Articles Tagged "stock markets"
Oil Price Peaks And Slides
Oil prices vaulted 9 per cent in NY Thursday, in tandem with a powerful stocks rally, as investors cheered G20 agreements to combat the global downturn and an easing of US accounting rules. On Friday, oil prices settled above $52 a barrel, slightly lower on the day after a report that US unemployment in March soared to a 25-year high. But optimism that the economy will soon turn around curtailed losses.
