Bosco & Crossy's stock picks,talk area Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: allevett	5/24/2005 8:14:49 AM
	Read Replies (1) of 37387

Qatari Oil Min Reiterates Concern on Rising US Oil Stocks by Sally Jones FWN Financial News 5/23/2005 URL: rigzone.com LONDON, May 23, 2005 (Dow Jones Commodities News via Comtex) Qatari Oil Minister Abdullah bin Hamad al-Attiyah Monday reiterated concern about rising oil inventories, but backed away from calling for production cuts. "I'm not saying we should cut or not," he told reporters on arrival in London. The oil minister for the member of the Organization of Petroleum Exporting Counries is here to attend a Qatari investment conference. "We've got a big build in inventories which will be reflected in the future," al-Attiyah said. U.S. crude stocks have risen to top end of the five-year average and inventories in the Organization for Economic Coooperation and development are at six-year highs. OPEC ministers have begun to worry aloud they should reign in production to put a floor on falling oil prices at their June 15 meeting. After fallng to three-month lows, crude oil futures in New York rose nearly a dollar Monday, stabbing toward $50 a barrel amid a spate of consumer buying by end-users such as airlines and transportation companies.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next