Text Size:
A | A

Hart Energy Commodities Report March 11

Text Size: A | A
Kristie Sotolongo
March 12, 2014

WTI Falls to $100/bbl on China Bond ConcernsNYMEX-traded crude futures fell on Tuesday, briefly touching US$100 per barrel (/bbl) for the first time in a month as the potential for more Chinese corporate-bond defaults and rising domestic crude stocks stirred concerns about the growth of global oil demand. China’s economic health is key to the oil market and the price outlook, according to market observers.  The 18% plunge in Chinese exports was “unexpected” by many investors and comes on the heel of fears over China’s banking system and the equivalent ...

Already a subscriber? Log In
Does your company have a site license? Inquire here
Already a print subscriber? Upgrade your magazine subscription