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Oil Surges

Bobby's Corner Market Open 6.30.2008

Posted by Bob Slade on Mon, 06/30/2008 - 8:19am in

Good Morning:

 

Crude oil reached another new high overnight to over $143.00 a barrel, as speculation that supplies from Iran (OPEC’s second largest producer) may be disrupted as the dispute over Iran’s nuclear program continues.

Bobby's Corner Market Open 6.27.2008

Posted by Bob Slade on Fri, 06/27/2008 - 8:18am in

Good Morning:

 

Nervous markets will await today’s economic data, along with Equity and Futures market openings.

Bobby's Corner Market Open 5.21.2008

Posted by Bob Slade on Wed, 05/21/2008 - 8:26am in

Wed May 21, 2008
Good Morning: 

Oil surged today, trading over $130 for the first time ever.  Futures prices are pointing to a continued upward trend in the price of crude.