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A double whammy for debt burdened European oil importers
Friday the Brent oil price reached a new all-time-high at EUR 92.26/barrel breaking thebold record from July 2008 at EUR 91.49/barrel.
Labour market decisive
As expected, today the Riksbank announced its decision to trim the repo rate by 25 bp to 1.50%. In motivating its decision, the bank notes that inflation is low and that ...
Oil market to stay tight for longer
Updated Oil Price Forecast: We have raised our baseline average Brent oil price forecast for 2012E to USD 118/barrel from our 1 December forecast of USD 109/barrel. Our ...