FT: 'Oil industry leaders move to quash talk of stronger prices'

Discussion in 'Market News' started by ForexLive, Feb 9, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    I think the FT is just cut and pasting headlines now. Surely we've seen that one before? I don't know, for about the past 15 months or so, right? The International Energy Agency (IEA) ... said the global oil surplus was bigger than previously estimated ... recent rebound in prices was probably "a false dawn"Vitol, the world's largest independent oil trader, said the demand "bump" from cheaper petrol prices would fade ... predicted crude oil stocks would pile up as consumption in China and commodity dependent economies slowed

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