13
Jan
14:06
Saudi-Iran spat seen further depressing oil price
The Saudi-Iran diplomatic crisis may exacerbate OPEC market share competition in the face of forthcoming Iranian oil supplies, pushing oil prices lower, according to Bank of America Merrill Lynch (BofAML).
The situation is likely to weaken chances for coordination of any potential crude oil output cuts in the future, “… keeping the supply overhang threat on oil prices as both countries continue to look to maximize energy market share post-Iran forth…
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Anonymous
Very good overview of the weekly steel market.
Anonymous