Crude Oil = $108
Crude futures moved further into uncharted territory, with oil gaining momentum in defiance of a decline in other commodities.
Light, sweet crude for April delivery rose $2.75, or 2.6%, to $107.90 a barrel on the New York Mercantile Exchange, a settlement record. The front-month contract hit an intraday high of $108.21, marking the ninth out of the last 10 sessions in which a record was set.
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Crude Oil April 2008 Futures
Source:
Crude-Oil Futures Soar To Another High, $107.90
BRIAN BASKIN
WSJ, March 11, 2008
http://online.wsj.com/article/SB120515816176724241.html
Tuesday, March 11, 2008 | 03:00 AM | Permalink
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Ground control to Major Tom..........
Posted by: MarkTX | Mar 11, 2008 3:39:30 AM
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