VOL. XLVI
No 14
07-April-2003
OIL PRICES
Oil Prices Softer On Hopes For Swift End To Iraq Conflict
Renewed optimism about a straightforward end to the US-led invasion of Iraq was the main driver behind last weeks continued softening of crude prices. Added impetus came from Nigerian strikers decision to end their dispute and weekly US inventories data which reflected the arrival of large volumes of Middle East crude in the Gulf Coast market. Yet analysts concede there is scope for a price rebound...
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