Monday, October 29, 2007

Crude Oil Rises to Record Above $93 as Mexico Shuts Production

Crude oil climbed above $93 a barrel for the first time, extending this month's gain to 16 percent, after Mexico shut down a fifth of its production because of a storm and the dollar fell to a record low. Petroleos Mexicanos, the state-owned oil monopoly and third-largest supplier of crude to the U.S., halted output of about 600,000 barrels a day.

read more | digg story

No comments:

3-8-2026

  Donald Trump ripped for behavior at dignified transfer: ‘Take your (expletive) hat off’ TENSE: Loud bang reported near U.S. Embassy in Osl...