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U.S. crude remains below $40 as oversupply weighs
August 3, 2016 by publisher · Leave a Comment
Oil prices remained weak on Wednesday, with U.S. crude below $40 per barrel and Brent under $42, as fuel oversupply and stuttering economic growth weighed on markets, although prices did receive some support from a weaker dollar. U.S. West Texas Intermediate (WTI) crude futures were trading at $39.54 per barrel at 0651 GMT (2:51 a.m. ET), slightly above their last close and well below the $40 marker they settled below for the first time since April in the previous session. International Brent crude futures failed to …
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U.S. crude remains below $40 as oversupply weighs
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The ‘what if’ spooking markets: policy success
August 3, 2016 by publisher · Leave a Comment
Perhaps the biggest shock to world markets now would be if central banks met their inflation goals. After nearly 10 years of near zero or even negative interest rates and trillions of dollars in new
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The ‘what if’ spooking markets: policy success