Crude Oil Futures Surpass $90 a Barrel
Oil prices surpassed $90 a barrel for the first time in after-hours trading in New York before slipping back Friday in Asia. Investors are being drawn to energy futures as a hedge against the weakening U.S. dollar. That, plus worries over tensions Read More…
hovering nearly $2 shy of its record high of $89 a barrel as one OPEC minister raised the prospect of another output increase and U.S.data showed rising inventories and weak demand. U.S. crude for November gained 9 cents to $87.49 a barrel by 0542 GMT. Read More…
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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