onsdag 10 december 2008

OPEC 17e December

”OPEC + Russia, Significant production cuts ”

Den 17:e smäller det nog ganska ordentligt i produktionsnedstället.

"Energy Minister Sergei Shmatko said Russia will announce proposals for reducing output by Dec. 17, when the Organization of Petroleum Exporting Countries meets, Interfax reported. OPEC, which pumps more than 40 percent of the world’s oil, may reduce its output limit by as much as 2.5 million barrels a day, billionaire hedge-fund manager Boone Pickens said yesterday."

http://www.bloomberg.com/apps/news?pid=20602013&sid=aBMSfDbJ5Qwk&refer=commodity_futures

IEA - a watchdog clearly alarmed but afraid of its own bark
http://intheendwerealldebt.blogspot.com/2008/12/iea-watchdog-is-clearly-alarmed-but.html

Oil to bounce at $40 - del 2
http://intheendwerealldebt.blogspot.com/2008/12/oil-to-bounce-at-40-del-2.html

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