Thursday, 20 August 2009

Up Against The Clock - Buddy Wasisname & The Other (1996)

It is being reported by Bloomberg that oil may surpass the 2009 high as the September contract for October delivery expires today, Augsut 20th. The current level stands at $73.52 a barrel. This would then set the stage for further gains.

"Oil has risen 62 percent this year on record OPEC production cuts and speculation that a recovery in the global economy will spur a rebound in fuel demand."

Are you feeling as buoyant as the reports?

To read the entire report, click here.

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