(EnergyAsia, August 17) — US oil stocks likely edged lower in the week ending August 11, led by crude, as lower Alaskan output compounded the impact of recent gains in refining activity, said commodities trader FIMAT. With US oil fundamentals tightening, the Iranian nuclear dispute is expected to heat up again. Although the end of…
MARKETS: FIMAT says US oil stock draws, Iranian nuclear dispute to set stage for oil price rebound
Posted on August 17, 2006 by EnergyAsia