Middle East Economic Survey
VOL. LII
No 44
2-Nov-2009
Crude Oil Price Remains Close To $80/B
The price of WTI remained close to the $80/B mark throughout the week although it fluctuated in tandem with other commodities markets. Data released by the Energy Information Administration (EIA) on 28 October had a bearish impact on crude prices, pushing them down to close at $77.46/B, their lowest point since mid-month, but news on 29 October from the US Department of Commerce showing that the US economy...
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