Weekly Business

September 9, 2008

OIL
On the Way to a Turning Point

WORLD oil price movements are making the government convinced of its prediction. At the New York Stock Exchange, oil was traded below US$110 per barrel throughout last week. The lowest was at US$106.35. “The government is increasingly self-confident in putting forward the assumption of US$100 per barrel,” said head of the Fiscal Policy Board, Anggito Abimanyu.

The statement by the US Energy Department that

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