Middle East Economic Survey
VOL. XLVII
No 41
11-October-2004
Crude Prices Head Skywards On US Outages, Distillate Supply Fears And Nigerian Strike
Crude oil prices continued the markets record-breaking run last week, with Gulf of Mexico production struggling to recover after Hurricane Ivan and fears growing for heating oil supplies as stocks continued to decline and forecasters predicted a cold winter. Prices initially eased after Nigerian insurgents withdrew a threat to attack Niger Delta oil...
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