VOL. XLIV
No. 16
16-April-2001
CRUDE OIL PRICES
Markets Torn Between Bullish US Gasoline And Bearish Global Crude Demand Forces
With the US retail sector already showing signs of strain ahead of the summer driving season, the problems of the US gasoline market continued as the only force putting upwards pressure on crude prices last week. The main opposing force was dwindling crude oil demand due to the global economic slowdown. Expectations of another decline in US gasoline stocks this week...
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