Thursday, October 09, 2008

Price trends of oil, polymer feedstock and commodity polymers in Asia for the week of October 6, 2008

CRUDE OIL
A $10 dip was witnessed in crude oil values in the week of October 6, 2008. Falling for the fourth consecutive day, oil prices ended the week at US$91 a barrel, on concerns that efforts to restrain the spreading financial crisis will not be successful in avoiding a further decline in oil demand.

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