OGJ Newsletter

03/24/2003
Market Movement Markets strip war premium from prices prior to attackTraders began stripping the war premium from energy futures prices days before US bombs and missiles slammed a "target of opportunity" of "Iraqi leadership" in the predawn hours of Mar. 20 in Baghdad. The April contract for benchmark US light, sweet crudes lost $7.95 during five consecutive trading sessions on the New York Mercantile Exchange to $29.88/bbl on Mar. 19, based on traders' optimistic assumptions that a war with Iraq would be short, successful, and leave world oil supplies relatively undisturbed. Oil futures prices continued a steep decline in overnight trade Mar. 20 in Asian markets, despite a warning f...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected