Tensions Can't Temper Oil Ardor

Terzo, Gerelyn
July 2006
Investment Dealers' Digest;7/24/2006, Vol. 72 Issue 29, p10
Trade Publication
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.


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