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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!

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.

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