TITLE

Disguised Blessing

AUTHOR(S)
Ferguson, Tim
PUB. DATE
August 2010
SOURCE
Forbes Asia;Aug2010, Vol. 6 Issue 9, p3
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reflects on the pricing scenario of petroleum for the global markets. It discusses that the petroleum prices are around 83 dollars per barrel as compared to the speculations that its price will reach 300 dollars per barrel. It explains the scenario to be affected by the post financial crisis situation of the futures market in Europe and the U.S. It states that the current price is affordable due to the prosperity of countries but portrays a need for resource utilization efficiency.
ACCESSION #
52857902

 

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