Oil Futures At a 2 Week High

Tuesday, October 13, 2009

Crude oil prices surged nearly 2 dollars a barrel in the last trading day of last week to settle at a 2 week high. Oil futures benefited from the strength in the stock market and the weak dollar.

Crude Oil Futures for June delivery on the NYMEX settled up 1.93 at 51.55 dollars a barrel, the highest level since April 9.

Petroleum Oil Gas info Blog is a website for active online oil futures traders. We provide research and relevant oil and energy related news for the oil trader or daytrader.

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