Oil prices surged past USD 90 a barrel for the first time on Thursday, as the fall in the USD Dollar drew new foreign investors and speculators to Dollar-denominated energy futures. Buying by foreign investors sends prices up, drawing in more speculators into the market.
read more
Friday, October 19, 2007
Oil futures touch USD 90 a barrel
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment