Crude oil on the New York Mercantile Exchange has risen to hover around US$80/barrel, its highest level in a year. Interestingly, USA has ample oil stocks, and demand remains weak because of the recesssion, but oil and gasoline price have been escalating.
For more details on Big institutional investors driving up oil and gasoline prices click here
Monday, October 26, 2009
Big institutional investors driving up oil and gasoline prices
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment