What is up with the Price of Oil?

The price of oil has climbed despite the lack of demand and a glut of surplus crude. Moreover, crude remains in contango. Benchmark crude closed near its highest level in eight months on Friday June 19, 2009 reaching $69.50 on the New York Mercantile Exchange. Gasoline has risen with the price of oil reaching a […]

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What is up with the Price of Oil?

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