Ed Morse, global head of commodities research at Citigroup, flags Oil price weakness despite the previous week’s surprise supply cuts from the Organization of the Petroleum Exporting Countries and its allies (OPEC ) during an interview with Bloomberg.
Oil prices are likely to fall below $80 a barrel even with OPEC’s recent apparent efforts to support that level with unexpected cuts.
China’s long-awaited recovery has been slower than expected, while the prospect of economic slowdowns in the West is crippling demand.
We’re waiting to see what’s really happening with the economy, but it is a slower recovery.
If anything, that will be an end-of-year phenomenon.
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
暂无评论，立马抢沙发