Strong oil prices and demand raise industry earnings 68% in 2ndQ

摘要

A recent Standard & Poor's energy industry survey assesses trends and conditions that affect corporate market performance.Among the key conclusions:With oil prices high,the world economy lost some momentum in the second quarter of 2004.The US economy is gradually shifting from an expected 4.3% growth in 2004,to 3.4% in 2005,according to S&P's projections as of September 2004.