Monday, May 12, 2008

Price trends of oil, polymer feedstock and commodity polymers in Asia for the week ended May 5, 2008

CRUDE OIL
Crude oil prices dipped by about two dollars in the week of May 5, 2008 to US$116 per barrel. This dip in prices can be attributed to rising llevels of US weekly inventories and a recovery in US dollar values.

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