Middle East Economic Survey
VOL. LII
No 9
2-Mar-2009
WTI Moves Back Above $45/B As EIA Reports Draw On Gasoline Stocks
The price of WTI returned above $45/B on 26 February, responding to data released by the US Energy Information Administration (EIA) on the previous day showing that gasoline stocks had declined by 3.4mn barrels from the previous week. Prices rose throughout the week, buoyed by improved Wall Street sentiments following news that the US Federal Reserve had no immediate plans to...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!