Independent journal on economy and transport policy
01:24 GMT+2
Crude Oil Prices Rise Sharply After a Report on Inventories
(The New York Times)
August 10, 2000
By BLOOMBERG NEWS
Crude oil prices surged past $30 a barrel yesterday after an industry report showed that United States inventories were at their lowest levels since 1976.
The report, released after the market closed on Tuesday, heightened concerns about potential supply shortages later this year. Oil inventory levels remain low even though OPEC has increased ...... Read more on The New York Times
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