Breaking News: Crude Oil Futures Have Hit Record High

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wx247
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Breaking News: Crude Oil Futures Have Hit Record High

#1 Postby wx247 » Sun Aug 01, 2004 9:27 pm

$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%.
Last edited by wx247 on Sun Aug 01, 2004 9:37 pm, edited 1 time in total.
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#2 Postby azsnowman » Sun Aug 01, 2004 9:30 pm

WELL FOLKS, better go FUEL UP tomorrow, you KNOW what THIS means......

Dennis
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#3 Postby Lindaloo » Sun Aug 01, 2004 9:46 pm

Blame it on OPEC!!
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#4 Postby streetsoldier » Mon Aug 02, 2004 1:04 am

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:
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#5 Postby Stephanie » Mon Aug 02, 2004 9:29 am

That's disgusting Bill !
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#6 Postby wx247 » Mon Aug 02, 2004 3:40 pm

Crude oil actually ended the session down $.02 to $43.80 a barrel.
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#7 Postby streetsoldier » Mon Aug 02, 2004 6:46 pm

What that means, Steph, is that the oil is NOT being produced here, but the prices are coming solely from the OPEC cartel. :grrr:
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#8 Postby Stephanie » Mon Aug 02, 2004 6:54 pm

Gotcha Bill!
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