A sharp decline in the US dollar following a weak report on US economic growth, has taken oil prices to a new high. New York's main contract, light sweet crude for delivery in April yo-yoed at US$102.60 per barrel. The fresh record prices coincide with the flow of investor money into commodities.
For more details please click on the following link
http://plastemart.com/plasticnews_desc.asp?news_id=11782&P=P
Friday, February 29, 2008
Oil prices steady near new record levels
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment