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    On OIL prices (May 22nd)
    BY: Oliver Schoeffel
    Product Rights:
    Personal Use Only
    A graph is always better than 1000 words ! There is a kind of panic around oil prices with more than $5 gain yesterday for $WTIC… quite impressive!  Oil prices rose yesterday and reached a record slightly above $133 a barrel. The trigger was a large fall in US crude inventory, about 6% below their last year level, reflecting a tight oil market…

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