Record high for Brent

Gibson, Jane
April 2006
ICIS Chemical Business;4/24/2006, Vol. 1 Issue 16, p26
Trade Publication
The article provides an analysis of the crude oil market condition as of April 24, 2006. With a premium factored in to the oil price for geopolitical risk, crude looks likely to remain high. Concerns that supplies of Iranian oil could be jeopardized by the stand-off between the West and Iran over the latter's nuclear program remain the major driver. Crude supplies from Nigeria are still disrupted following attacks by militants on oil installations earlier this year.


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