Question Details
Oil Price, what next?
Predictions
Background
Crude-oil futures closed higher Thursday, as a surprise decision by key oil producers to keep production quotas unchanged and a bigger-than-expected drop in U.S. crude inventories fed concerns about tighter supplies, lifting prices to nearly $102 a barrel.
Light, sweet crude for July delivery gained $1.19, or 1.2%, to settle at $101.93 a barrel on the New York Mercantile Exchange. It touched a high of $102.44 earlier in the trading session.
http://www.marketwatch.com/story/oil-extends-gains-after-opec-holds-output-2011-06-09
Comments
Get Widget!What's This!?
-
This is a user submitted question. Players make predictions on what they expect to be the actual outcome.
-
Register for free and get 1,000 KtN$
in virtual cash to start predicting! -
Limited offer: Sign up today and recieve double cash!
Advertisement
© 2010-2025 Knew The News
Comment on this question: