VOL. XLIV
No. 06
5-February-2001
OIL/LPG PRICES
Crude Prices Hover As MarketsPonder Effects Of OPEC Cuts And US Economic Decline
Prices for the two main benchmarkcrudes hovered at a relatively strong level in trading last week, as traderswaited to see the effects of OPEC production cuts agreed in January and triedto gauge the potential effects of the unfolding decline in the US economy. Atthe end of the previous week the WTI and Brent prices were held up by traderspredicting that OPEC supply cuts...
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