VOL. XLIII
No. 47
20-November-2000
SUPPLY/DEMAND
Market Volatility Shows Crude Prices Set For Rollercoaster Ride Over Winter
The price of WTI and Brent crudes leapt above $35/B and $33/B respectively last week, and there is every indication that such price volatility will last throughout the winter before prices fall away in the spring. While the markets are well supplied with crude thanks to the series of recent OPEC production hikes, fears over Iraqi supply disruptions and US heating oil stocks...
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