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To: jim_p who wrote (71554)8/24/2000 7:56:50 AM
From: jim_p  Read Replies (1) | Respond to of 95453
 
Oil Prices Stay High

nytimes.com

Jim



To: jim_p who wrote (71554)8/24/2000 8:46:18 AM
From: BigBull  Read Replies (4) | Respond to of 95453
 
China? Did someone mention China?

insidechina.com

China's crude imports between January and July shot up 103.9 percent over the same period last year to 37.99 million tons, outstripping the total for the whole of last year at 36.1 million tons.

The massive import increase was powered by surges in domestic consumption and aggressive exports of refined products, they said.



To: jim_p who wrote (71554)8/24/2000 9:06:32 AM
From: isopatch  Read Replies (1) | Respond to of 95453
 
Jim. Yes. Definitely, important to keep one eye on the dollar going forward.

As the huge jump in petrochemicals finally finishes working its way through the world mfg infrastructure this fall, the inflation numbers will begin their inevitable rise. My guess is that the dollar may turn down just before those numbers surface.

Of course, the politicos of both parties will do everything possible to delay this till after the election<g>. Could see more cooking of the books than usual, lol.

Isopatch