6/07/2008

Oil Prices Take a Nerve-Rattling Jump Past $138

(Spencer Platt/Getty Images)
Traders in the energy options pit of the New York Mercantile Exchange on Friday, where crude oil climbed to a record high.

"Friday’s jump capped a second day of strong gains on energy markets, and fed suspicions that commodities might be caught in an investment bubble." Jad Mouawad, NY Times.

Another clear and concise report from Jad Mouawad on the crude oil market. Click on the read more icon for the full NY Times article.


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1 comment:

KARL NOVAK said...

ANY IDEA WHEN THIS WILL STOP? LOL

Great blog, maybe you can visit mine, some post about how oil prices are affecting my industry

http://karlnovakphotos.blogspot.com/

Good luck
Karl