Reuters: Oil climbs toward $64 on supply concerns

PhilipShore

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Fri Mar-03-06 05:36 AM
Original message

Reuters: Oil climbs toward $64 on supply concerns

Reuters
Oil climbs toward $64 on supply concerns
Mar 3, 2006

http://today.reuters.com/news/articlenews.aspx?type=businessNews&storyid=2006-03-03T102228Z_01_SP196208_RTRUKOC_0_US-MARKETS-OIL.xml

LONDON (Reuters) - Oil prices rose for the fourth day in a row on Friday as dealers focused on nagging geopolitical supply concerns and shrugged off bloated stocks in the United States.

Fears of more violent attacks against Nigeria's oil industry and international tension over Iran's nuclear plan helped push up prices to their highest level in nearly a month and discouraged traders from going short into the weekend.

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godai

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Fri Mar-03-06 06:29 AM
Response to Original message

1. Graph...

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Delphinus

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Fri Mar-03-06 07:23 AM
Response to Reply #1

2. Thanks for the graph.

A very telling story.

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