SUBSCRIBERS
Favourable short-term fundamentals on oil?
Published Mon, Nov 20, 2017 · 09:50 PM
Singapore
MARKETS have been swept off their feet in recent months by a wave of strong demand for crude oil.
Since end-October, prices for Brent crude have smashed through the US$60 a barrel ceiling that has been there since mid-2015. They have fallen from over-bought levels since, but still lingered above US$60.
Copyright SPH Media. All rights reserved.