Interesting report on crude oil
Comment of the Day

June 09 2011

Commentary by David Fuller

Interesting report on crude oil

My thanks to a subscriber for this report.

David Fuller's view High commodity prices remain a major factor behind the current slowdown in global GDP growth and also the weaker stock market performance. Among commodities, crude oil remains the key influence, as mentioned almost daily in the Audios. The IPE Brent contract (monthly, weekly & daily) offers the clearest single picture of global prices and its strength remains a concern. Another downward dynamic is required to indicate that April's highs for Brent crude represent more than a short-term peak.

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