Commodities Agenda: All about Ike (and that sex scandal too)

[staff]

Commodities Agenda: All about Ike (and that sex scandal too)
      

The latest projections pointed Hurricane Ike toward the middle of the Texas coast, skirting to the west of the main region for offshore production in the Gulf. Nonetheless, oil companies have shut more than 95 percent of offshore production and 90 percent of refining capacity on the mainland. Weakening demand is still the driver for the market this morning; crude oil prices are under pressure
         

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