VOL. XLV
No 9
4 March 2002
IRAQ
Market Jitters Over Iraq Push Oil Prices Higher
With traders lacking a clear picture ofnear-term demand trends, crude prices were driven more by headlines and rumor than underlying fundamentals last week. Before weekly US stocksdata became available, a new scare over US intentions in Iraq drove prices so high that by the time thebullish data did appear its effect was swamped as the market readjusteddownwards. Then on 28 February reports of US airstrikes 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!