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Showing posts with label Analysis. Show all posts
Showing posts with label Analysis. Show all posts

Weekly Crude Oil Fundamental Analysis August 22-26, 2011

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By CommoditiesMansion.com – Crude oil prices dropped last week, as pessimism dominated markets amid the huge uncertainty that continued to surround markets, where slowing economic activities in the United States sparked concerns the world’s largest economy is on its way to a double dip recession, while mounting fears from the European debt crisis, as European banks seem to be having a liquidity crisis, which boosted demand for lower yielding assets, and accordingly putting crude oil prices under pressure and pushed prices to the downside.

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