Bush win will not quell oil price fears

THE victory of US President George W Bush will do nothing to defuse concerns about oil prices experts have warned.

Thu, 04 Nov, 2004 - 00:00
Brian O'Mahony, Chief Business Correspondent

Their views proved correct yesterday as the price of oil climbed above $50 per barrel before the election result was declared.

More pragmatic issues, however, helped to push prices below $50 a barrel in afternoon trading.

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