Tuesday, 16 October 2007

INSANE: Oil Prices Set Another Record High

Woah! Another high, high record! It almost hit US$88 with 3 cents to spare. From Reuters:
Investors have cited rising tensions between Turkey and Kurdish separatists in northern Iraq, sturdy world energy demand growth, tight inventories in consumer nations heading into winter and unprecedented weakness in the U.S. dollar.
Even higher chances of fuel price increasing now...

Previously, on The Lost and Directionless Blog: INSANE: Oil Prices At All Time High

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