See No Significant Change In Oil Prices: David Lennox
  • Elizabeth George
  • Sep 11 2013

September 11: Crude oil and gold have fallen further on the easing of tension in Syria, says David Lennox, Resources Analyst at Fat Prophets. US stockpiles as well as OPEC reassurances signal that oil supply will be more than enough to meet the current demand, he says. “OPEC has been paring production in line with slowing demand to keep oil prices near $100/bbl,” he says.