Current Oil Price

skeptik · Post by **skeptik** » 26 Jun 2008, 21:08

dudley wrote:We could see 150 next week!

Hmm. Well all those billions that Helicopter Ben is lending Wall St. have got to go somewhere to earn a living. The banks aren't going to be lending it to Ford or property developers right now. They've jumped on the commodities bandwaggon.

RevdTess · Post by **RevdTess** » 26 Jun 2008, 22:18

This always happens when I go home early.

Post by **mikepepler** » 27 Jun 2008, 08:24

$141.64

Vortex · Post by **Vortex** » 27 Jun 2008, 08:43

Mitch · Post by **Mitch** » 27 Jun 2008, 09:19

You away today Mike? If so, 145/150 would not be impossible today!

Mitch · Post by **Mitch** » 27 Jun 2008, 09:22

What is the latest high? Best I can see is around 141.50-ish. (Could have been higher, but my charts moved on).

re · Post by re » 27 Jun 2008, 09:41

A barrel of US crude reached a new all-time high of $141.71 a barrel. London Brent Crude also hit previously unexplored heights, at $141.98 a barrel.

http://www.guardian.co.uk/business/2008 ... ommodities

Mitch · Post by **Mitch** » 27 Jun 2008, 09:46

Ta RE - so 142 + is my next target.

oilslick · Post by **oilslick** » 27 Jun 2008, 09:52

Mitch wrote:Ta RE - so 142 + is my next target.

Is it you doing all this? Stop it!

biffvernon · Post by **biffvernon** » 27 Jun 2008, 11:41

Gordon Brown yesterday wrote:Today it is over $130 a barrel

but that was so much yesterday's news. Events, dear boy, events.

RevdTess · Post by **RevdTess** » 27 Jun 2008, 12:29

142.24 on WTI, 142.13 on Brent

Mitch · Post by **Mitch** » 27 Jun 2008, 12:30

142.11 - just waiting for NYMEX to open at 2 pm - our time. Will be VERY interesting.....

Vortex · Post by **Vortex** » 27 Jun 2008, 12:31

Tess, what do your people think of all this?

PS_RalphW · Post by **PS_RalphW** » 27 Jun 2008, 12:31

Damn! four times in a row I have been pipped to posting the new rise.

I need to get a life...

RevdTess · Post by **RevdTess** » 27 Jun 2008, 12:38

Vortex wrote:Tess, what do your people think of all this?

Just watching the price signals one day at a time.