VOL. XXXII
NO. 29
24-APRIL-1989
ACCIDENT-FUELED OIL PRICE BONANZA SHOULD NOT OBSCURE SHAKY MARKETFUNDAMENTALS
Amid the plethora of production accidents, mishaps and speculative sentimentwhich has been fueling the current oil price bonanza - for one giddy moment onThursday (the last day of the May contract) the price of May WTI climbed over$25/B - it would be well to keep a cool head and remember that the prevailingfundamentals of supply and demand, although in themselves by no means altogether...
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