02 February 2016

UOBKH: Retail Market Monitor: Tuesday, February 02, 2016

  • Goldman Sachs stays bearish on oil, output cuts "self-defeating"  
  • COLUMN-Hedge funds trim short positions in oil futures.
  • U.S.oil falls on China economic woes, rising OPEC supply.
  • Saudi''s China challenge: How much can it pay for oil market share?
  • Ample grain stocks could dampen impact of El Nino/La Nina shift.
Oil fell from US$33 to US$31 last night, and once again, expect STI to slide down again today.



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