Oil Supply

1

• Oil Supply Demand
• macro News Chapter 3
• Recall Hurricane Ivan
• Discuss why the oil prices may have increased
  before Ivans arrival and after its departure
• Assess the projected increase in demand for oil
  in the U.S. and discuss its potential effects on
  the oil prices

2

• Macro News September 15, 2004

Here Comes IVAN
3

• Macro News September 23, 2004

Light Sweet Crude Oil (NYMEXCLX4)
4

• macro News August 25, 2004