The Oct NYMEX crude oil futures contract opened at $97.95 and made a new high of $105.25, and closed near the high at $104.55. This morning around 7 am it is quoted at $105.55, implying the bottom may be in. Issues include Nigerian rebel action.
What happened to vastly lower demand due to the impending recession?
Bye For Now
Barbara Rockefeller - Forex Trading Reports
Buy Euros before Ireland Defaults?
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The IMF may well be running Ireland by February, ifthe Irish budget "fails
to convince the financial markets," warns economist Colm McCarthy in an Irish
In...
13 years ago
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