CRUDE OIL
Crude oil moved up by over 9% mid week, rising above US$54 on news of interest rate cut by China to stimulate the domestic economy. However, oill prices ended the week of December 1, 2008 at US$52 a barrel on news of a decision by OPEC to defer output reduction until December 17 while it gauges the impact of a 1.
For more details on Price trends of oil, polymer feedstock and commodity polymers in Asia for the week of December 1, 2008 click here
Wednesday, December 03, 2008
Price trends of oil, polymer feedstock and commodity polymers in Asia for the week of December 1, 2008
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