Thursday, April 10, 2008

Oil prices steady near record highs of US$111

Oil prices have steadied around record highs of US$111 a barrel. Oil prices peaked to a new record on release of the US Energy Information Administration's inventory report that showed a fall in crude stocks last week by 3.2 million barrels. Gasoline and distillate supplies including diesel fuel and heating oil fell more than expected, while gasoline inventory levels remained healthy.
For more details please click on the following link
http://www.plastemart.com/plasticnews_desc.asp?news_id=12005&P=P

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