Oil flies like a humming-bird

Oil prices become unpredictable

In brief: Oil prices are out of control.

Analytics can’t say for sure about oil’s nearest future. Prices do not jump already, but fly as a humming-bird. Oil snapped a two-day slide on Tuesday, climbing above $69 as the U.S. dollar retreated.U.S. light crude for July delivery rose $1.42 cents to $69.50 a barrel by 1230 GMT (8:30 a.m. EDT), after dipping as low as $68.43 in early trade. London Brent crude gained $1.40 cents to $69.28.

Ukranian Globalist
 2009-06-09 13:13, Commodities.

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