Output fears send oil prices soaring

Oil prices reached a new record high today on fears of a sharp slowdown in output from Russia and Iraq.

Output fears send oil prices soaring
Fri, 30 Jul, 2004 - 13:14

Oil prices reached a new record high today on fears of a sharp slowdown in output from Russia and Iraq.

The cost of crude surged to $43.17 a barrel in New York as investors fretted over a stand-off between Russian authorities and its largest oil company, Yukos.

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CourtsBusinessOil pricesPlace: RussiaPlace: IraqPlace: New YorkPlace: ChinaPlace: Saudi ArabiaPlace: Middle EastPlace: HungaryPlace: PolandPlace: SlovakiaPlace: Soviet Baltic countriesPlace: United StatesPerson: Kevin NorrishPerson: NorrishPerson: Phil FlynnOrganisation: YukosOrganisation: RussiaOrganisation: Justice MinistryOrganisation: OPECOrganisation: Barclays CapitalOrganisation: Alaron Trading Corp
<p>Under the model, the HCCI said that home care referrals are issued simultaneously to all approved providers, who must respond immediately to secure the allocation.</p>

Home care firms want HSE to end home support allocation model

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