From Yukos With Love
<p> Russia’s near stoppage this week of 1.8 million bpd of oil production caused a slight panic in the oil market. Crude oil futures rose to a 21-year high of $43 dollars per barrel yesterday on the Russian government’s announcement that it had curtailed Yukos, the country’s largest oil producer, from producing and selling oil. Press reports said the Russian Government would not let the company operate because it owed huge amounts of money in back taxes.</p>
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