Crude oil hits $100 a barrel for the third time this year

February 20, 2008 | Filed Under oil 

Crude-oil futures hit $100 a barrel for the third time this year on Tuesday, as concerns that the Organization of Petroleum Exporting Countries may cut production boosted prices. Crude for March delivery soared nearly 5% to $100.10 a barrel in late afternoon trading on the New York Mercantile Exchange. Crude touched $100 a barrel in the first session of January and topped the historic mark in the second session.

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Crude oil hits $100 a barrel for the third time this year
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Comments

One Response to “Crude oil hits $100 a barrel for the third time this year”

  1. Tony Parker on February 25th, 2008 3:48 pm

    Take advantage of these all time highs by looking at many of the other similar markets. I am currently trading global eminis and love it. The growth in the industry is tremendous. Thanks, Tony.

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