Wednesday, July 06, 2005

Bloomberg.com: Top Worldwide

Bloomberg.com: Top Worldwide: "Oil prices in New York have jumped more than 80 percent from the end of 2003 as a surge in demand, led by China and the U.S., forced producing nations to pump at capacity. Oil for delivery in December 2011 traded above $57 on Nymex yesterday. Prices averaged less than $19 a barrel from 1995 through 1999."

No mention of the fact that we've used up half of all the oil the world has? Odd. Oil futures for 2011 at $60 price now $60... Buy.

0 Comments:

Post a Comment

<< Home