VOL. XLVI
No 51/52
22/29-December-2003
OPECOIL PRICES
Crude Prices Buoyant As Demand Strengthens
Crude oil prices rose last week to their highest level since the US-led invasion of Iraq, as evidence of demand strength increased the pressure within a market already tightened by low US inventories. The continuation of anti-Coalition hostilities and oil pipeline sabotage following the capture of former Iraqi President Saddam Husain showed that Iraqi security issues remained a prime concern for...
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