Sep
28

Oil fell despite lower US drilling activity

Oil price has fallen again! Several of my friends and myself have concluded over a cup of coffee that the economy is likely to dip furthur next year. 

Really planning to sit tight onto cold hard cash and try and make the most out of this. Good luck to all the investors out there :)

 

SINGAPORE – Oil prices dropped in Asian trading hours on Monday despite a fall in U.S. drilling activity for the fourth straight week, with analysts pointing to a poor economic growth outlook as the main reason for low crude prices. China's August industrial…
source: http://www.todayonline.com/business/oil-prices-fall-slowing-global-economic-growth-outlook