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Wednesday, February 15, 2006

Who Would Have Thought Crude Oil Under $60 Would Be A Bargain?

Crude on sale! Who would have thought that Crude Oil futures trading below $60 would seem like a bargain? Well that's what high prices will do, as the lead-month March Crude Oil futures contract plunged through the psychologically important $60 level yesterday, as traders covered losing long positions in anticipation of a bearish EIA energy stocks report today. Read More....