Middle East Economic Survey
VOL. LII
No 18
04-May-2009
OIL PRICES
WTI Crude Holds Steady Around $50/B, Swayed By Economic Fluctuations
Crude oil prices continued to gyrate around the $50/B mark during the week amid fluctuations in the dollar and fresh economic indications that suggest the global financial circumstances may be beginning to stabilize. Concerns over a swine flu pandemic and news that Detroits Chrysler would file for bankruptcy swayed the stock market and had a knock-on effect for...
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