Oil prices are likely to stay supported in the coming months on lasting concerns over low inventories, the spectre of terrorism and political instability in producing countries in the Middle East and Nigeria. The euphoria over the fast end to the US-led war to unseat Saddam Hussein has quickly faded as terrorism remains a threat,…
MARKETS: Oil Prices Revived By Inventory Concerns, Terrorism, Political Instability
Posted on May 19, 2003 by EnergyAsia