Crude oil prices fell on Friday following a very pessimistic report by Goldman Sachs. This has overshadowed the rather upbeat estimates by the Paris-based IEA. Crude had shown range-trading over the week but the front-month contract ended the week around 3% lower.
Excerpt from:
Weekly Fundamentals – Crude Oil Pressured on Supply Concerns. FOMC Meeting in Focus
Leave a Reply
You must be logged in to post a comment.