Article

2009-06-18 Economy

Slump of exports hinders growth of oil-rich economies - IMF official

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Posted by Seafarious 2009-06-18 00:00|| || Front Page|| [4 views ] Top

#1 Nymex Crude Future 70.99
Dated Brent Spot 69.58

Can't tell you how glad I am the oil sheiks dodged the poverty bullet.

Posted by ed 2009-06-18 00:44|| 2009-06-18 00:44|| Front Page Top

#2 Iran probably needs $80-90/brl oil to support its subsidies of consumption, its subsidies to Hezbollah and its other adventures.

In some ways, I hope the current regime gets to wallow in its economic problems.

Posted by Lord garth 2009-06-18 09:26|| 2009-06-18 09:26|| Front Page Top

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