Archive for the ‘Commodities’ Category

Upward potential for oil prices is limited

Recent developments have brought noticeable changes to the outlook for the supply-demand balance. First of all, the steady decline in the value of the US dollar since the end of 2016 has been stopped. In fact, the dollar appreciated by 4% between end-September and 7 November. Second, world economic activity has gained steam. In its […]

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