| 10.03.2009 - Oil prices near new highs for the year |
| From Thestar.com: Oil prices rose to the highest level in two months as investors geared up for the potential of more OPEC production cuts. Benchmark crude for April delivery gained $1.55 to settle at $47.07 a barrel on the New York Mercantile Exchange. A barrel of oil, which last cost more than $50 in early January, had reached as high as $48.83 earlier in the day..... Full Article: Source |