"Global demand for oil will rebound in 2010-2011 and prices may then exceed their peak levels of July 2008, the chief economist of the International Energy Agency (IEA) said on Thursday."
Inflationary times are arriving faster than most people expect.
Looks Like the Commodity Trade Is Ba(ra)ck! [View article]
The International Energy Agency may cut its 2009 oil demand forecast for a third month as the threat of the worst recession since World War II saps fuel consumption, former IEA analysts said. in OIL TRADERS
That might be a short term drag, but longer term it will surely go up.
Time to Switch Out of Freeport-McMoRan [View article]
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Investment Ideas for an Inflationary Environment [View article]
"Global demand for oil will rebound in 2010-2011 and prices may then exceed their peak levels of July 2008, the chief economist of the International Energy Agency (IEA) said on Thursday."
Inflationary times are arriving faster than most people expect.
Looks Like the Commodity Trade Is Ba(ra)ck! [View article]
That might be a short term drag, but longer term it will surely go up.
oiltradersblog.blogspo...