Associated Press, February 22, 2010 (New York) Oil prices have rallied for two weeks, rising 12 per cent as promising economic reports in the US and troubles abroad pushed money into energy commodities.
Full Story: Oil prices up 12% in two weeks - NDTV.com
I know I can count on my LIC policy for life :)
Crude closed in on $80 a barrel Friday as investors focused on an ongoing refinery strike in France and reports that Iran may be building a nuclear weapon. An extended rally in oil will force gasoline and other fuel prices higher as well. Experts predict that pump prices will top $3 a gallon this summer. Here's a breakdown of how energy prices traded on Friday: On the New York Mercantile Exchange: Crude: added 75 cents to settle at $79.81 a barrel.Full Story: Oil prices up 12% in two weeks - NDTV.com
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