Wednesday, January 18, 2006

Crude Oil and Iran Worries

Crude oil rose to near $67.00 a barrel in New York on concern the world markets lack the spare capacity to cope with a disruption of exports from Iran... which is the world's fourth largest producer and OPEC’s second. Speculations that Iran may curb shipments in retaliation against possible United Nations sanctions have boosted prices...
Read more on topic at:
Oil Climbs to 3-Month High, Near $67, on Concern about Capacity

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