As expected, as the funds exit the commodities markets, prices have declined precipitiously.
Crude Oil Futures - below $90
October 6th, 2008 · 2 Comments · Energy
Tags: crude
Financial Markets
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2 responses so far ↓
1
Anjuli
// Oct 6, 2008 at 5:33 pm
Why is this expected? Why are funds exiting the commodities markets? Is this related to the big financial crisis?
2
Dad
// Oct 6, 2008 at 8:21 pm
As the Washington politicians started investigating the workings of the commodities markets, big financial players decided to exit rather than bear further detailed scrutiny.
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