Page 1 of 1

Breaking News: Crude Oil Futures Have Hit Record High

Posted: Sun Aug 01, 2004 9:27 pm
by wx247
$43.92 according to Bloomberg.

It is going to be very interesting to see how the US Markets handle this news tomorrow.

It is already tomorrow in Japan. The Nikkei Index down -82.38 at this time. That is close to 0.8%.

Posted: Sun Aug 01, 2004 9:30 pm
by azsnowman
WELL FOLKS, better go FUEL UP tomorrow, you KNOW what THIS means......

Dennis

Posted: Sun Aug 01, 2004 9:46 pm
by Lindaloo
Blame it on OPEC!!

Posted: Mon Aug 02, 2004 1:04 am
by streetsoldier
This news hasn't helped my royalty checks...the last one received was for a princely $.34. That's right, ladies and gents, thirty-four cents! :eek:

Posted: Mon Aug 02, 2004 9:29 am
by Stephanie
That's disgusting Bill !

Posted: Mon Aug 02, 2004 3:40 pm
by wx247
Crude oil actually ended the session down $.02 to $43.80 a barrel.

Posted: Mon Aug 02, 2004 6:46 pm
by streetsoldier
What that means, Steph, is that the oil is NOT being produced here, but the prices are coming solely from the OPEC cartel. :grrr:

Posted: Mon Aug 02, 2004 6:54 pm
by Stephanie
Gotcha Bill!