Is this a matter of market pundits selling US dollars to buy oil to hedge risks?
At last check, crude for July delivery traded as high as $139.12 a barrel in electronic trading on Globex Friday (US time), the highest intraday price for a front-month futures contract on record.
Contributing factors: Talks about a potential Israeli attack on Iran combined with a slide in the U.S. dollar.
And here's how Abdullah will handle the oil problems in the country, the so-called 4 Quick Fix..
BY THE WAY... TV Smith has a friend who points to MakeMoney.com that makes the rebates-by-engine-cc scheme so sweet.
Wednesday, July 02, 2008
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