United States Producer Price Index ex Food & Energy (MoM) came in at 0% below forecasts (0.1%) in November

FXStreet.com (Barcelona)

Dec 12, 2014

Oil fell yesterday after IEA cut global demand forecast – Malcolm Graham-Wood

Independent Analyst, Malcolm Graham-Wood notes that yesterday it was IEA which fuelled further downward pressure on oil price after it cut the global demand forecasts for the 4th time in past 5 months.

United States Producer Price Index ex Food & Energy (MoM) came in at 0% below forecasts (0.1%) in November

Oil fell yesterday after IEA cut global demand forecast – Malcolm Graham-Wood

United States Producer Price Index (YoY) meets forecasts (1.4%) in November