11. Now that OPEC has made public its ruminations, it will have to move fast to convince oil traders that it can halt the price slide. 12. Oil prices surged to their highest level in nearly four months Monday, shrugging off repeated predictions of a price slide when Iraq begins exporting crude again. 13. Profits at copper mining companies tumbled, with some companies forced to cut production to help arrest the price slide. 14. Seagate and other disk-drive makers are struggling to cut inventories as prices slide globally. 15. Several factors have been behind the price slide. 16. Tank and other observers say that some of the factors underlying the price slide remain and that similar troubles could spread to other farm sectors. 17. The expected price slide means the two companies would jump at the opportunity to sell their output to a new market. 18. The price slide followed a massive increase in global production capacity and an inventory build-up at personal computer makers, which buy semiconductors. 19. The price slide followed a massive increase in global production capacity along with a build-up of inventory among personal computer makers that buy semiconductors. 20. The price slide was triggered by fading hopes of a Spanish rate cut and unrest in world bond markets. |