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Selasa, 01 Februari 2011

The Wall Street Journal Brent Crude Tops $100

BY JERRY A. DICOLO

NEW YORK—Oil prices rode unprecedented trading volume and a political crisis in the Middle East to triple digits Monday.

Brent crude on the ICE futures exchange ended up $1.59, or 1.6%, at $101.01 a barrel, the highest settlement since Sept. 26, 2008. The Brent contract was the first major benchmark to break the key $100-a-barrel threshold in more than two years. Light, sweet crude for March delivery closed up $2.85, or 3.2%, at $92.19 a barrel on the New York Mercantile Exchange, the highest settlement since Oct. 3, 2008.
The Brent contract was spurred by unrest in Egypt that threatens ...
Posted by Saham Pilihan at 05.35

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