Tuesday, March 18, 2008

Oil prices spike to all time high as dollar and stock market plunge

Oil prices have spiked to an all time high- spiking past US$111 per barrel in Asia. Light, sweet crude for April delivery rose to a record US$111.42 a barrel, but later slipped to US$111.10. This hike continues to be prompted increasing investments in commodities as the US dollar continues to slip and the stock markets continue plunging.
For more details please click on the following link
http://www.plastemart.com/plasticnews_desc.asp?news_id=11867&P=P

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