LSI Utility Brokers

Energy Market Volitility

Posted on: 22. February 2012

Category: Industry News

The beginning of 2012 has seen concerns around the supply of oil, with problems emerging in Iran causing prices to rise. However, the forthcoming EU embargo on Iranian oil is not expected to come into force until July 2012, this delay has helped the market relax slightly over this issue.

Politically, focus will continue to revolve around both the debt crisis in the Eurozone and the Iranian oil situation. These two factors are likely to continue to add volatility to the market.

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