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Old April 13th, 2016, 07:26 PM
Default IHS Oil Prices

Hi I would like to know the price details of Oil as issued by HIS as well as the brief about the overall Oil market worldwide?
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Old April 14th, 2016, 11:17 AM
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Join Date: Nov 2011
Default Re: IHS Oil Prices

In spite of demonstrating some positive thinking towards the end of 2015, 2016 is headed toward a merciless begin crosswise over product and budgetary markets. A week ago the MPI recorded its second continuous decrease of the year, falling by 3.7%. The file is currently around 4.5% since the start of the year, taking the figure back to the lows of December 2003.

The drop in oil got the features, as the timing of Iran's oil creation incline up appears to have come as amazement. This news was one of the essential drivers taking unrefined costs to beneath $30/barrel.

Despite the fact that low oil costs have generally been translated as giving a support to the genuine economy, the decay of merchandise and vitality related stocks has brought about an almost 10% fall in the S&P 500 throughout 2016 alone.

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