Yep. On Tue, Sep 30, 2014 at 5:47 PM, Eugene Coyle <[email protected]> wrote:
> Headline of story in today's WSJ: > > "Oil Prices Set to Stay Weak as Supply Overwhelms Demand" > > full at: > http://online.wsj.com/articles/oil-tanks-as-supply-overwhelms-demand-1412109941?mod=WSJ_hps_MIDDLE_Video_second > > A few lines from the middle of the story: > > > Despite falling U.S. imports, Brent prices had held above $100 a barrel > for most of the past three years amid sufficient global demand and declines > in supply elsewhere. > > > > In the second quarter, however, consumption stalled in China and the > eurozone, prompting refineries outside the U.S. to process less crude. > Oil-demand growth in the second quarter was its lowest in 2½ years, > according to the International Energy Agency. > > > > > > What does this imply for the economies of the world? > > Dow-Jones at ______ ? > > Gene > > > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l > -- Cheers, Tom Walker (Sandwichman)
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