VOL. XLVI

No 7

17-February-2003

OIL PRICES

Crude Prices Pushed Higher By War Threat And Stock Depletion

A political split last week between the US and Europe over Iraq focused the minds of oil traders on the latest report of UNMOVIC head Hans Blix and IAEA chief Muhammad el-Baradi'i. Washington has said that the report, due after MEES went to press on 14 February, would be pivotal in determining whether to go to war. While France, Germany, Russia and China called for weapons inspectors to be given...