Normalcy Trends Chase Higher Oil

- August 13th, 2009

Crude Investing News reports normalizing trends are setting in with price of oil surging ahead. “It means the U.S. economy is growing again and we are sucking in products from all across the globe,” said Joel Naroff of Naroff Economic Advisors. A sharp rise in crude oil prices accounted for much of the headline increase … Continued

Crude Investing News reports normalizing trends are setting in with price of oil surging ahead.

“It means the U.S. economy is growing again and we are sucking in products from all across the globe,” said Joel Naroff of Naroff Economic Advisors. A sharp rise in crude oil prices accounted for much of the headline increase and the politically sensitive deficit with China also rose.

 

Tags

Tags:

Leave a Reply