VOL. XLVI
No 38
22-September-2003
OPEC
OIL PRICES
Crude Prices Fall Further On Record US Imports
Crude oil prices continued their descent last week as hedge funds further reduced their long positions in crude and gasoline markets, taking the decline to around $2/B over the last two weeks. The continuing hedge funds exit kept trading volumes high, but there was little news affecting the crude market so traders bought and sold in line with their market pricing models. Hurricane Isabel went ashore in...
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!