Oil closes at $100.74 — new record high close
Oil closed Wednesday up 73 cents to $100.74 per barrel — a new record high shut — in a session anxious to construct out Thursday’s report on weekly U.S. inventories. Oil had traded at a print record $101.27 earlier in that session.
The weekly Wednesday oil stock report will be released that week on Thursday, one day late, due to the Presidents’ Day holiday. Oil closed above $100 for the first duration in its history Tuesday, at $100.01.
“It’s been a wait-and-see market nowadays, for the most part,” independent energy trader Jim
Continue reading Oil closes at $100.74 — new record high close
Original post by Joseph Lazzaro
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