Light sweet crude prices started cranking out hits this morning in a rally that’s taken the price back up to $61.75 and gas prices will make you squeal as they hit $1.86 in morning trades. Brent Crude is back up over $60 on the IPE in London this morning. Traders shook off the bombing because they’re much more scared of Dennis.
Oil Traders Stamp $60 A Barrel, How Far is $70?
Oil prices continue to skyrocket like a titan rocket this as demand heats up, production has no real growth right now and worldwide demand continues to shoot through the roof. The price hit $60.85 in morning trades on the New York Mercantile Exchange.