Oil rallies above $92

By Pete Southern in Uncategorized | October 26, 2007 12:00 |

LONDON (Reuters) – Oil rallied to a fresh record high above $92 a barrel on Friday as the dollar tumbled to a record low, Washington imposed new sanctions on Iran and gunmen shut more oil production in Nigeria.

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SEATTLE (Reuters) – Microsoft Corp lifted its full-year forecasts and posted 23 percent quarterly profit growth on Thursday, topping analysts’ estimates on strong sales of “Halo 3” and Vista, and sending its shares up 11 percent.

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Pete Southern About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.



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