Supply fears push oil to $50 (U.S.): Hits new record in after-hours trading as rebels threaten Nigerian production
Article Abstract:
The fear of disruptions to shipment around the world fuel has leaded the crude oil to breach $50 and a negative aspect over US economic growth prospects in 2004. The chief strategist at TD Securities Inc. in Toronto Marc Levesque revealed that even if oil were to remain at $50 for the full year that would only reduce growth by a half-percentage point, with unemployment rates still remaining steady.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
Oil ignores OPEC, hits record high
Article Abstract:
The reasons behind the rise in oil prices on New York Mercantile Exchange despite the proposal of Organization of Petroleum Exporting Countries to increse oil quota are examined.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: The light fantastic. Orton to the Max: Joe Orton's confronting 1960s satire gets a modern outing. Day Shift
- Abstracts: Manley sees economic lift from U.S. this year. Small business seen leading growth. Long war seen hurting federal fund
- Abstracts: Bombardier seeks damages over jet part. New Cinar head planning an encore for company. Business hails Quebec polls
- Abstracts: Lavalife dating service falls for U.S. suitor. Candour investment guru's winning trait. Bell Express Vu to add 76 channels to lineup
- Abstracts: Nortel enlists a uniform to rally the suits. China's ZTE in hunt for partners. National Post cuts jobs