11th May 2004

*Sob*

Well, dangit, as expected the wimpy Saudis caved and announced a production increase in oil. Prices fell accordingly. Though, I will note with glee, they didn’t fall that far and remain well above $30, and people continue to mutter darkly about high demand and China. I’ll keep my hopes up… or… down… I’m not sure which it is.

posted by saurabh in Uncategorized | 0 Comments

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