Middle East Economic Survey
VOL. XLVIII
No 30
25-July-2005
Crude Prices Ease On Smaller-Than-Expected US Stockdraw
Crude oil prices eased last week, as Hurricane Emily followed the previous weeks Hurricane Dennis onshore without any serious disruption to Gulf of Mexico oil production and refining operations. Markets held steady on 19 July as traders predicted a significant US stockdraw after interruptions of offshore production and tanker offloading. However, the publication of weekly US stocks...
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!