Wednesday, February 27, 2008

Oil prices stabilize at US$99 a barrel

New York's main contract, light sweet crude for delivery in April stood at US$99.2 per barrel. World oil prices have stabilized at US$99 a barrel in Asian trade. The higher price level has been supported by supply worries on Turkey's offensive in Iraq and fears of OPEC announcing an output cut.
For more details please click on the following link
http://plastemart.com/plasticnews_desc.asp?news_id=11756&P=P

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