Tuesday, 05 June 2007

Oil Falls as Concern Eases That Oman Cyclone Will Cut Middle East Supplies

(Bloomberg) -- Crude oil fell as concern eased that
Tropical Cyclone Gonu will reduce oil supply from Oman when it
hits the Middle East nation tomorrow.

Omani Oil production and exports are continuing
uninterrupted today as the country braces for the storm,
expected to hit the country's east coast early tomorrow, said
Abdul-Wahab bin Mohammed al-Harmi, a spokesman for state-
controlled Petroleum Development Oman.


Read more at Bloomberg Energy News

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