Monday 5 January 2015

Otmane El Rhazi : Energy had larger price declines than most nonenergy commodities in 2014

Otmane El Rhazi from Today in Energy.



The first eight months of 2014 were much like 2013, as energy commodities remained in a relatively stable price range. During the last four months of 2014, however, crude oil and petroleum product prices fell dramatically, and ended the year with the largest price drops of all major commodities in the S&P Goldman Sachs Commodity Index (GSCI).

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