|
Oil ends at a fresh high of $41.55
Oil futures close at a new high of $41.55 U.S. stocks end sharply lower on Iraq instability, oil Rosy scenario for the U.S. economy didnât last long Gold futures, metals shares at seven-session high "Simply put, oil is a runaway train," said Kevin Kerr, editor of newsletter If anyone is interestested I predict oil is going to 60$ per B at which point Asian economies tank and Europe goes into a severe recession. Some time in July looks about right. Posted by: Phil_B 2004-05-17 |
| http://www.rantburg.com/poparticle.php?ID=33258 |