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Risks away

10 December 2002 By John Paul Rathbone

OPEC is caught in a tough balancing act. The market is oversupplied but only if the situations in Venezuela and Iraq don t blowup. Investors in oil companies are pessimistic. Brent oil is at $25, yet oil stocks are discounting a $16 per barrel price.

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Risks away

10 December 2002 By John Paul Rathbone

This content is for Subscribers only

 

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