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Brazil strike offsets recent Saudi increase & US coal rises to further records

Monday, July 14th, 2008

In another reminder that buy valtrex cod oil markets have little relief on the supply side, Brazil faces a buy valtrex cod five-day period with 300,000 barrels per day reduced production Cytotec order due to buy valtrex cod oil workers striking over working conditions. I mentioned a few posts back that buy valtrex cod Nigerian production regularly faces similar reductions due to pipeline sabotage and buy valtrex cod strikes. The problem is we rely on Brazil to grow production to buy valtrex cod help soften prices. But this projected 1.5 million barrel reduction over the buy valtrex cod next five days represents .2% of their annual production, a sizable chunk in today’s tight market. (more…)