Thursday, January 22, 2009

Price trends of oil, polymer feedstock and commodity polymers in Asia for the week of January 19, 2009

CRUDE OIL
Crude oil prices ended the week of January 19, 2009 on a lower note than last week. Friday saw oil prices rebounding on concerns of OPEC produuction cuts on one hand, and release of data by the International Energy Agency's showing an unexpected sharp decline in global demand forecasts, on the other.

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