The Traderszone Network

Published in TZ Latest News 23 November, 2014 by The TZ Newswire Staff

The Worst Case If The Oil Slump Continues: "A Profit Recession"

With hopes high, at least among corner offices of the majors, that this week’s OPEC meeting will somehow manage to slow down the biggest plunge in crude prices since Lehman, it will take much more than mere talk and hollow promises to offset the recent cartel-busting actions of Saudi Arabia. So in a worst case scenario where supply remains unchanged even as global energy demand continues to decline sharply due to the ongoing global slowdown

read more