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Jamaica Gleaner Business
published: Thursday | May 15, 2003

Oil prices reach new high as US supplies tighten
NEW YORK, (Reuters): OIL PRICES rose another 2.6 per cent on yesterday as the government said U.S. fuel stocks have contracted further ahead of summer when demand for gasoline rises.

Wall St shrugs off bad news
NEW YORK, (Reuters): THE FEDERAL Reserve warns about the risk of deflation. Suicide bombers launch a wave of deadly assaults in Saudi Arabia. Retail sales post a steep drop. But Wall Street has hardly missed a beat.















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