Monday October 15, 2007

Crude oil hits $84.35 record

About 10 minutes ago, crude oil on NYMEX hit $84.35 - a new all-time record high, shattering the previous record of $84.10 reached 3 weeks back. The news services have not caught up yet. And NYMEX's own website seems to be having intermittent trouble refreshing. Wonderful.

This one bounced right off what is now support at the high 78's/low 79's area. Just a skip, hop and jump to $90 oil.

- Updates : and now it's been promptly broken. Within minutes.

$84.40
$84.48
$84.63
$84.65
$84.79
$84.84
$84.89
$84.95
$84.98
$84.99
$85.19
$85.30
$85.44

- Oh hell. Welcome to $85 oil.

See also :

1. NYMEX oil hits $84.10

(2007-10-15 17:53:56 SGT) [Energy] Permalink Comments [1]

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