Crude oil falls, but maybe not for long
Economists, analysts concerned lack of exploration, production investment will spur unprecedented price hike when economy recovers
Resurgent economic jitters sent benchmark oil prices below $38 a barrel Dec. 31, as investors focused on the global slowdown that has dragged crude markets down some 60 percent this year, from a high of $147 in July.
While oil prices are expected to continue falling in the short term, over the mediu....
[additional news subjects in this story]
2009 predictions run the gamut
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $69 per year.
Subscribers log in here to read the entire newspaper (1998 to 06/24/2013)
Print this story | Email it to an associate.
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- http://www.petroleumnews.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.