Middle East Economic Survey
VOL. XLVII
No 50
13-December-2004
Crude Price Slide Halted Ahead Of OPEC Meeting
The steep crude oil price decline that began at the end of November came to a halt last week, as weekly US inventories data gave mixed signals about the health of US distillates stocks and as traders waited on the outcome of an OPEC ministerial meeting in Cairo on 10 December. On 8 December Saudi Oil Minister Ali Naimi told reporters, The winter is coming, our band is still $22-28/B, so why...
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!