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Zeev Hed

10/12/04 10:05 PM

#308711 RE: Sherlock356 #308708

We and Europe may have a consumer led recession but China and India may still put pressure on crude demand. If oil continues to rise, or even stay for long above $40/$45, that with other coinciding factors can cause a recession, then, demand for crude may subside and prices of crude and other commodities may decline.