HomeNewsBusinessMarketsDownward pressure on crude to continue: Argus Media

Downward pressure on crude to continue: Argus Media

Globally, crude has been sliding down for the past few weeks on the back on poor European data, inflation in Asian economies and US debt problems. Jason Feer of Argus Media tells CNBC-TV18 that he expects the downward pressure on crude prices to continue.

July 13, 2011 / 15:50 IST
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Globally, crude has been sliding down for the past few weeks on the back on poor European data, inflation in Asian economies and US debt problems. Jason Feer, Vice President and Singapore Bureau Chief of Argus Media expects the downward pressure on crude prices to continue. In an exclusive interview with CNBC-TV18, Feer says that debt problems across Europe are going to affect the demand of countries, which is a cause of concern.

first published: Jul 13, 2011 03:02 pm

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