Middle East Economic Survey
VOL. XLVIII
No 48
28-November-2005
OIL PRICES
Crude Prices Driven Up By Cold Weather Concerns
Crude oil prices strengthened early last week, as cold weather in the northern hemisphere raised concerns over winter heating fuel supplies. However, trading was tentative as speculative investment funds maintained their largest net short position in more than two-and-a-half years, suggesting that prices were expected to continue to drift downwards in the near term. The price...
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!