Crude oil falls, but maybe not for longEconomists, analysts concerned lack of exploration, production investment will spur unprecedented price hike when economy recovers Kay Cashman Petroleum News
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....
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