Crossroads

At the intersection of technology, finance and the Pacific Rim.

Thursday, May 29, 2008

Supply and Demand in Oil

The Dealmaker reports:

Better to just know the cold, hard facts. And these are some goodies: Petroleum shipments from the world's top oil exporters dropped 2.5% last year. During that time, oil prices soared 57%. Those two things used to be mutually exclusive. Now they are happening at the same time. And no one seems to think it’s going to stop.

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