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CIA Reading Room cia-rdp90-00965r000605740089-6: CRUDE ESTIMATE - STRENGTH IN OIL PRICES ISN'T LIKELY TO LAST, MANY ANALYSTS THINK

Declassified in Part - Sanitized Copy Approved for Release 2012/05/18: CIA-RDP90-00965R000605740089-6 Crude Estimate Strength in Oil Price Isn't Likely to Last,: 23 April 1985 Among the factors leading Salomon and Private others to expect lower prices are sluggish (The squeeze pushed up crude-oil but many traders da t world oil demand, large amounts or bar- tered oil on the market, continued skepti- cism about whether OPEC members will stay within their production quotas, contin- uing increases in non-OPEC production, and the slowing rate of economic growth in the U.S. But if the outlook is th…