Friday, November 02, 2007

Oil above $93 dollars

This week oil reach $93 per barrel cuz Mexico shut down their production nearly 600,000 barrels a day cuz storms and some accidents on Cantarell, another big reason that oil so expensive now is because DOLLAR is falling very fast agains currencies specially EURO. Just because the Dollar is very weak other commodities are going up like Gold, silver, grains and of course OIL.

Another big tension agains Iran persist so if the USA attack them surely barrel can reach $400 dollars!

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