INSANE: More Oil Uptrend

Update 7 May 2008: Today, oil prices peaked at US$122.73. Tomorrow... US$123 and beyond? Source: CNNMoney.com.

I was not going to blog about the rise in oil prices when it reaced above US$120 but today, it went up as high as US$121.49. How can I not blog about THIS!!! The blame's on more attacks in Nigeria and Iraq and of course, rising consumer demand. Source: Bloomberg.com.

Previous 10 posts this year about rising oil prices:

1. INSANE: Tanker Attack Brings Forth US$117 Oil Breach
   
2. INSANE: Latest Oil Peak
   
3. INSANE: New Oil Record
   
4. INSANE: I Lost Count How Many Times Oil Price Set A Record This Year
   
5. INSANE: Oil's Unrelenting Upward Trend
   
6. INSANE: Oil Tops My Previous Post In No Time!
   
7. INSANE: Oil Surged Past US$108
   
8. INSANE: Oil @ US$103.95?
   
9. INSANE: Oil Topped at US$102.80
   
10. INSANE: Oil Continues the Post US$100 Trend