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  • US, Iran to meet - crude drops $20/bbl

    I suggested at the weekend that the Iran issue had the potential to move oil prices by $50/bbl either way. Since then, prices have fallen $20/bbl to $130/bbl, on news that the USA and Iran will meet tomorrow for the first time in nearly 30 years. If they reach agreement on the nuclear issue, oil prices...
    Posted to ICIS Blogs (Weblog) by Anonymous on 07-18-2008
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