Thursday, April 17, 2008

$115

New York, NY (AHN) - Oil hit another record high on Thursday, with light sweet crude for May delivery hovering at $115.54 a barrel in electronic trading on the New York Mercantile Exchange.

But oil prices retreated back to $114.76 per barrel during the morning, after it reached a record high of $115.45 overnight.

The report released by The Energy Information Administration indicated that the crude inventories fell by 2.3 million barrels, while gasoline inventories declined by 5.5 million barrels last week.
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2 comments:

  1. Distributorcap4/20/08, 8:29 AM

    but the economy is doing ok accd to bush


    we will get through it he says

    oy

    ReplyDelete
  2. ellroon4/20/08, 10:41 AM

    Cheney is sitting on a huge pile of money and cackling as he rubs his hands together...

    So obviously the economy is just fine!

    ReplyDelete