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Monday, October 15, 2007

Oil futures closed at record $86.13

by Calculated Risk on 10/15/2007 03:07:00 PM

ABX BBB Click on graph for larger image.

From barchart.com.

This chart tells the what. The question is why?

From MarketWatch: Oil futures probing uncharted territory

Crude-oil futures advanced Monday into uncharted territory ... as the market continued to take momentum from supply concerns due to risks to production in the Middle East and declines in U.S. crude inventories.