Crude oil prices near uncharted territory

Robinson, Simon
May 2006
ICIS Chemical Business;5/1/2006, Vol. 1 Issue 17, p4
Trade Publication
The article examines the level of crude oil prices as of May 2006. The price of oil has risen four-fold since the end of 2001. Initially, the price of crude oil rose partly to catch up with demand. According to Paul Satchell, director of equity research at ING, the chemical industry is right to be worried about the high price of crude oil and related products. INSET: WHAT DO COMPANIES THINK THE OIL PRICE MEANS?.


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