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Vol. 10, No. 10 Week of March 06, 2005
Providing coverage of Alaska and northern Canada's oil and gas industry


Crude oil prices briefly climb above $52 mark

Brad Foss

AP Business Writer

Crude futures briefly rose above $52 a barrel March 2 as traders bet that prices will go higher — given the world’s strong demand and thin supply cushion — and downplayed a U.S. government report that showed domestic supplies of oil and gasoline rising. “They believe the market is going to $60 and....

    [additional news subjects in this story]

OPEC unlikely to cut output

Analysts predicts prices will stay high


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