|
Wednesday, 18 August 2004 |
Features | Today's Top Story |
News Business Editorial Security Politics World Letters Sports Obituaries |
A recent article by Reuters tried to explain why oil prices are high.
It gave five major reasons: rising demand driven in particular by the
Chinese and Indian markets, lack of spare supply capacity, political
tensions in the Middle East and financial crisis of Russian oil giant
Yukos, stricter environmental regulations especially in the US, and
scarcer oil. Other Stories
|
News | Business | Features
| Editorial | Security
Produced by Lake House |