VOL. XLV
No 45
11-November-2002
OIL PRICES
Crude Prices Slide As Oversupply Concerns Dominate
Crude oil prices continued to fall last week as reports of production now well in excess of quotas by OPEC producers coupled with bearishUS weekly stocks data to cancel out the markets recent supply anxiety. There was a rally in early trading on 7 November, after the UN Security Council reached agreement on a draft resolution about weapons inspections in Iraq that included concrete threats against...
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