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Oil slips as supply fears recede

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posted on Aug, 5 2004 @ 12:46 PM
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Oil prices have pulled back from 21-year highs as fears over threats to supplies eased thanks to good news from Opec and debt-ridden producer Yukos.

link to story here, john

news.bbc.co.uk...




posted on Aug, 5 2004 @ 12:50 PM
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Today the price has hit yet a new high of 44.40 with markets still trading.

From the same source:

news.bbc.co.uk...



posted on Aug, 5 2004 @ 12:56 PM
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Backtrack on Yukos decision
August 6, 2004

THE Russian justice ministry backtracked today on a decision to allow Yukos access to its bank accounts in a potentially fatal move that pushed global oil prices to new highs in New York and London.
news.com.au...

Sanc'.



 
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