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Re: AugustaFriends post# 128740

Wednesday, 04/20/2011 8:49:26 AM

Wednesday, April 20, 2011 8:49:26 AM

Post# of 719696
What an utter self serving crap again by those oil traders:

"There is little in the way of solid evidence that oil demand growth has slowed down from the unsustainably high pace of growth seen in 2010," Barclays Capital said in a report. "

ye right... 2010 saw many profits jump tens of percentages as well, not because profits rose that much but because they were so darn low in 2009

same for oil consumption most likely, logic prevails


Saudi Arabia commented few days ago that they did see a slowdown in demand.

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