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Wednesday, 08 September 2010
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OAKWELL ASSOCIATES’ PROFITS SOAR
By Valerie Simpson, Business Intelligence Group
Oakwell Associates, an American specialist investment group, made a staggering profit of more than $2.9-billion on crude oil alone. This represents a significant increase of 37% in comparison with its previous annual results.
International Corporate Research senior analyst, Paula Anderson, said the profit shown by Oakwell Associates is a direct result of the high oil prices the world experienced recently.
Other sources, however, believe the results are directly related to the group’s president, Mr. Jorgé Vicente’s personal relationship with the Saudi Royal Family and his good business relationship with the various oil-rich countries.
“Oakwell Associates’ exposure to ever-increasing lucrative oil transactions and new clients is therefore only a natural consequence – specifically if one considers Oakwell Associates’ membership with the influential Paulsmeier Inc. Group which provides international credibility and substance to any organization,” a source close to the Group said.
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