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Finance and Economics => The Money Board => Economic News, the Global Economy and all Things Monetary => Topic started by: swanson on December 09, 2008, 04:53:32 PM

Title: Global demand for oil to plummet; The Financial Times
Post by: swanson on December 09, 2008, 04:53:32 PM
Global demand for oil to plummet

http://www.ft.com/cms/s/0/bcda848c-c62a-11dd-a741-000077b07658.html (http://www.ft.com/cms/s/0/bcda848c-c62a-11dd-a741-000077b07658.html)

By Javier Blas in London and Krishna Guha in Washington

Published: December 9 2008 20:09 | Last updated: December 9 2008 20:09

Global oil demand will collapse next year and commodities will not return to the highs they reached this summer in the foreseeable future, two authoritative reports said on Tuesday as they forecast a long and painful worldwide recession.
Edited by SW, due to copyright issues -- please see here (http://thesurvivalpodcast.com/forum/index.php?topic=20714.0) for Fair Use info.