Wednesday, April 09, 2008

Oil just peaked briefly at $112.21

Nymex crude for May delivery [US@CL.1 110.87 --- UNCH ] gained $2.37 a barrel, or 2.2 percent, to settle at $110.87. Earlier in the session it rose $3.71 to $112.21 a barrel, breaking the previous intraday record of $111.80 hit March 17.

--the BB


FranIAm said...

So effed up beyond imagination. People dying. Oil prices surging. Food shortages.

I hate being negative, but these are all true.

Diane said...

I hope it really has "peaked". It takes my breath away just going down the street and seeing the signs.