Crude surges on surprise OPEC cut

Article Abstract:

OPEC's surprise move, undertaken on 10 February 2004, to cut its quotas in the face of tight US oil inventories sent crude prices rolling and drew a warning from the White House that the cartel should not take any action to deflate economic growth. OPEC stated that it would cut quotas by one million barrels a day from April 2004.

Legal issues & crime, Government regulation (cont), Government regulation, Administration of General Economic Programs, Organization of Petroleum Exporting Countries, Crude Petroleum and Natural Gas Extraction, Crude petroleum and natural gas, Crude Petroleum & Natural Gas, Imports, Legal/Government Regulation, Petroleum refining, Quotas & Import Controls, Laws, regulations and rules, Petroleum industry, Organization of the Petroleum Exporting Countries, Import quotas

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Prairie grain headed for rebound

Article Abstract:

The Canadian Wheat Board said that Prairie barley and wheat crops are moving towards a major rebound. The board is attributing the forecast to several late-spring blizzards which have ended a two-year drought in the Prairies.

Forecasts, trends, outlooks, Cash grains, not elsewhere classified, Barley, Other Grain Farming, Wheat, Wheat Farming, Forecasts and trends, Market trend/market analysis, Prairies, Canada. Canadian Wheat Board

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