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Email this article: Crude oil and the impact of EU sanctions against Iran
Posted: Tue January 24, 2012 3:57 pm
INTERNATIONAL. Given what we know in terms of supply and demand we feel that oil prices are trading expensively but the geopolitical risk premium will stay for the foreseeable future leaving selling interest only in the hands of brave hearts.
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KUWAIT. Kuwait has built up very large fiscal and external net asset positions over many years, which will continue to help it weather the current low oil price environment; The overall fiscal and external balance sheets will remain strong, backed by a significant stock of financial assets.
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