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COPYRIGHT 2005 Investor's Business Daily, Inc.
Cold Temps, Output Fears Lift Oil Prices
1April crude traded as high as $52.05 a barrel last week before closing at $51.49, up $2.48 for the four-day week. OPEC members downplayed talk of a production cut in March. "I think a $50 oil price is too high and OPEC doesn't need to cut production quotas," Iin Arifin Takhyan, Indonesia's director general of oil and gas said Friday.
Small Caps Lead Market
2A higher-volume rally Thursday and strength by the S&P 600 turned early-week losses into modest gains. The small-cap index rose 1.3% for the...
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