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AccessMyLibrary    Browse    A    AsiaPulse News    OCT-04    HIGH OIL PRICES HIT SPENDING WORLDWIDE: BHP BILLITON.

HIGH OIL PRICES HIT SPENDING WORLDWIDE: BHP BILLITON.

Publication: AsiaPulse News

Publication Date: 22-OCT-04
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COPYRIGHT 2004 Asia Pulse Pty Ltd

MELBOURNE, Oct 22 Asia Pulse - The world's largest miner, BHP Billiton Ltd (ASX:BHP), today said that high oil prices were affecting spending worldwide but China's demand for commodities over the longer term was heartening.

Investors were buoyed by the company's positive outlook with shares in the group lifting 20 cents or 1.5 per cent by 1225 AEST today.

BHP Billiton chairman Don Argus told the company's...

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