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Australia Lowers Iron Ore Price Forecast As China Outlook Softens
Originally posted on Peace and Freedom:
AFP Iron ore is transported at a port in Rizhao, east China’s Shandong province on March 4, 2015. AFP Photo Sydney (AFP) – Leading global producer Australia on Tuesday lowered its forecast for iron ore prices as Chinese steel production eases, but said export volumes were expected to grow…
Why The Price Of Oil Is More Likely To Fall To 20 Rather Than Rise To 80 – OpEd
This is just the beginning of the oil crisis. By Michael Snyder Over the past couple of weeks, the price of U.S. oil has rallied back above 50 dollars a barrel. In fact, as I write this, it is sitting at $52.93. But this rally will not last. In fact, analysts at the big banks … Continue reading
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