MARKETS

Analyst Wrap

The big news during the week was crude oil prices passing $40 per barrel and then surging briefly past the 13 year old pre-Iraq war one record of $41.15 to $41.17, causing slight panic in the market and another mass round of finger pointing.

Hayden Lilienthal

Analyst Wrap

However, for the first time this year a concession has appeared possible with Saudi Arabian Oil Minister Ali al-Naimi calling on the OPEC members to increase production quotas by at least 1.5 million barrels...

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