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  • Oil hits $140/bbl

    Chemical companies are still getting used to the idea that crude is trading above $100/bbl. For many of them, this was a complete shock, as many had believed the consensus view and budgeted for a $70/bbl average in 2008. Now, however, worse news is in prospect as forward prices have been racing away...
    Posted to ICIS Blogs (Weblog) by Anonymous on 05-21-2008
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