MTECHTIPSCrude dips as energy agency cuts global demand forecast
MTECHTIPSCrude dips as energy agency cuts global demand forecast
Crude oil futures fell in Asian trading on Wednesday after the International Energy Agency trimmed its demand forecast for the fourth quarter of this year.On the New York Mercantile Exchange, light, sweet crude futures for delivery in January traded at USD85.61 a barrel on Wednesday, down 0.27%, off from a session high of USD85.83 and up from an earlier session low of USD85.59.Earlier, the International Energy Agency cut its global oil consumption forecast for the fourth quarter of this year by 290,000 barrels a day to 90.1 million barrels a day due mainly to reduced demand in crisis-weary Europe.
Hurricane Sandy, which morphed into a hybrid monster of a weather system and roared across the northeastern U.S. last October, will also cut into demand.In Europe, hopes that eurozone and multilateral policymakers will free up bailout money for Greece continue to build though no official announcements have been public yet, which kept investors away from oil, a growth-sensitive commodity on Wednesday.Elsewhere in Europe, the ZEW Centre for Economic Research reported earlier that its index of German economic sentiment fell to -15.7 in November from October’s reading of -11.5.
WWW.MTECHTIPS.COM
07489294118
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).