http://biz.yahoo.com/ap/050124/oil_prices_8.htmlLet's not forget Venezuela and Colombia too, Venezuela is the world's 5th largest exporter and they have mobilized their troops along the border for a potential conflict with neighboring Colombia. Viva Chavez!
Opec is expected to cut production further, and the Iraqi elections are this Sunday, and already Al-Z has promised more bloodshed. I would get ready for further potential increases in oil prices.
http://biz.yahoo.com/ap/050124/wall_street_2.htmlHopefully stocks (besides the trustworthy oil and maritime, and the breaking out of biotech stem cell companies) do go higher, as the U.S. markets have really sucked this month.
Topic: Oil spikes 49 a barrel, again... (Read 721 times)