An unhappy fact of life is spreading across the oil patch.
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Friday, January 23
Crude Oil May Rise as OPEC Members Cut Production, Survey Shows
by
Energy Issues
on Fri 23 Jan 2009 08:41 AM CST
Quote of the Day: “With the recent gains in price and the flattening out of the forward curve, we may be seeing the first evidence that the OPEC production cuts are having an impact on the crude oil market.” Tim Evans, energy analyst with Citi Futures Perspective in New York. http://www.bloomberg.com/apps/news?pid=20602099&sid=aI1ry8jmGmN4&refer=energy |
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