CEU connecteast group
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oil

  1. RecessionOrDepression
    208 Posts.
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    18/01/08
    17:50
    Post #: 3261625
    And as for the concerns of a few weeks ago that higher oil prices would reduce demand for tollways as people will drive less:

    1. Oil is now under $US90 a barrel
    2. The US is set for interest rate cuts and Australia for interest rate rises.

    1 + 2 = oil cheaper in $A.
    CEU Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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