Russians join price rally

Consumer confidence was high during the week with oil prices dropping to a nine week low following the hand over of control in Iraq, Norwegian industrial disputes ending and OPEC boosting supply.

Russians join price rally Russians join price rally Russians join price rally Russians join price rally Russians join price rally

However the reprieve was once again short lived with the price of crude briefly jumping back above US$39 a barrel on Thursday, fuelled by new supply concerns and fears of renewed terrorist attacks.

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