Currently Crude Prices Are Finely Balanced: David Lennox
  • Prabha Hegde
  • Aug 23 2013

August 23: Bloomberg TV India’s number of the day is 107%. The rally on crude since the US Federal Reserve started quantitative easing (QE) in 2008 has been around 107%. So where does it head from here? A Bloomberg survey indicates that prices are set to decline next week. To discuss the same, Bloomberg TV India speaks to David Lennox, Resource Analyst at Fat Prophets.