Monday, July 25, 2005

Lex live: Crude oil

Oil money looking for a home.
FT.com / Lex - Lex live: Crude oil: "Excess liquidity needs to find a home and equity valuations in the Gulf�s stock markets are already pumped up. Appetite for foreign investment is increasing. The top two bidders in the recent Turk Telecom privatisation were both from the Gulf. "

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