News Break: Another Record Day for Oil

 News Break: Another Record Day for Oil

Once again oil prices broke new records on Tuesday. Futures contracts for light sweet crude surged on intra-day trading to a high of $122.73 settling to a close of $121.84 per barrel – up another $1.87.

Oil has risen more than $20 since thus far for the year.

Attacks on oil facilities in Nigeria, Africa’s largest oil producer, continue with more attacks by militant over the weekend.

Source:
AFP

 

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Thomas Schueneman

http://www.globalwarmingisreal.com

Tom is the founder, editor, and publisher of GlobalWarmingisReal.com and the PlanetWatch Group. His work appears in Triple Pundit, Slate, Cleantechnia, Planetsave, Earth911, and many other sustainability-focused publications. Tom is a member of the Society of Environmental Journalists.

1 Comment

  • These oil companies are killing us. Is it just greed?? I suspect so. I am listing this site on our blog http://www.Vaboomer.com, a blog for Baby Boomers Survival. Thanks for great site. Nancy Mehegan

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