VOL. XLVII
No 12
22-March-2004
OIL PRICES
WTI Crude Hits 13-Year Peak As US Gasoline Squeeze Continues
Crude prices last week followed an increasingly familiar pattern: rising due to US gasoline supply concerns ahead of weekly US stocks data this time with WTI reaching a 13-year peak on 17 March then falling as investment funds took profits by selling off a little of their record-long speculative positions. Attribution of the Madrid bombings to al-Qaida and a US Congress vote to halt crude...
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!