Investegate announcements from Rapala VMC Oyj, RAPALA VMC CORPORATION ISSUES A NEGATIVE PROFIT WARNING: EXPECTS FULL YEAR COMPARABLE OPERATING PROFIT TO BE SIGNIFICANTLY BELOW THE PREVIOUS YEAR
Despite oil prices reaching 13-week highs last week, here are the factors that Stratas Advisors said in its latest forecast are currently putting downward pressure on oil demand.
According to Stratas Advisors, the question remains: when will oil prices break out of their current pattern and in which way will they break below the lower support level or upwards to new highs?