TITLE

Tensions Can't Temper Oil Ardor

AUTHOR(S)
Terzo, Gerelyn
PUB. DATE
July 2006
SOURCE
Investment Dealers' Digest;7/24/2006, Vol. 72 Issue 29, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the positive performance of initial public offerings (IPOs) on energy reserves from Rosneft company and Lukoil Oil Co. in Russia and Great Britain despite the marked tensions in Middle East. Rosneft has a $10.4 billion IPOs listed on both Russian and London markets. Market analyst predicted that many investors are willing to invest on stocks from Lukoil which has a closing price of $83.30 per share.
ACCESSION #
21691155

 

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