oil pricing

Doug Henwood dhenwood at panix.com
Fri Dec 4 10:20:29 PST 1998



>From an article in the November 26 Financial Times:

"Much of the personal wealth of the ruling families, who have the final say on oil price policy, is held in international stocks. It will not have gone unnoticed that on Monday, when Brent oil futures hit a record low on London's International Petroleum Exchange, the New York Stock Exchange hit a record high."

Talk about class consolidation through the financial markets....

Doug



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