PPRuNe Forums - View Single Post - Growing Evidence That The Upturn Is Upon Us
Old 24th July 2008 | 07:35
  #101 (permalink)  
MIKECR
 
Joined: Dec 2005
Posts: 1,164
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From: UK
As much as it maybe pains you to admit it, WWW, the price of oil is moving in the right direction. Since the end of June there has been a general decrease of nearly $25 a barrell. Off course, the price is still very high, and volatile, as the Iran missile incident proved. The global demand however, particularly in the US has dropped, perhaps the yanks have finally had a wake up call. As has the rest of the world by the looks of it. But in saying all this, it could off course all go horribly wrong yet! But for the timebeing, my glass will always be 'half full'!
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