Summary
DESPITE expectations that prices will ease slightly as China attempts to cool its economic engines and suppliers finally catch up with demand, the high cost of oil and commodities will likely remain at the forefront of almost every corporate executive's mind in 2005.
Manufacturers and airlines especially will be keeping a close eye on the cost of oil as they remember the dark days of October when prices shot up to Dollars55.67 a barrel. Much of the pressure was caused by the insatiable appetites of fast-growing China and India, coupled with disruptions to supply from Iraq.See the full content of this document
Extract
Oil, Steel and China
China is now the world's second largest oil consumer after the US.
Just a few weeks ago, Russia oil companies announced they would ship...See the full content of this document
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