Oil steady in Asia but risks seen in new storms
By EILEEN NG, Associated Press Writer
1 Sep 2008
KUALA LUMPUR, Malaysia - Oil prices hovered around $111 a barrel Tuesday in Asia as the threat of Hurricane Gustav dissipated but traders predicted further risks with new storms on the radar and concerns over slowing demand.
I'm sorry, but when seasonal weather patterns drive oil prices dramatically, something is wrong with the system!
Is this usual?
Help!
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