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The Odessa

ELAM: Oil is quiet on the eastern front

ELAM: Oil is quiet on the eastern front
Photo: Odessa American (oaoa.com) · view original

The last couple of weeks this column suggested the recent high of $90 and low of $70 would average the oil price around $80. In the last five trading days West Texas Intermediate (WTIC) has fallen from $86 to $80 and as I write Friday back to $82.59. Doomsday predictions of $150 oil have not happ...

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