Skip to content

Oil Shoots Past $105 a Barrel

2/21/2012 3:15:00 PM
Write a Letter to the Editor

Print This

Larry Smith/Trans Pixs

Oil closed at a nine-month high over $105 a barrel on Tuesday, after finishing every trading day last week over $100, Bloomberg reported.

Crude futures rose $2.64 to as finish at $105.88 a barrel in pre-market trading on the New York Mercantile Exchange, Bloomberg said.

That was the highest Nymex closing since May 4 last year. Oil had not closed over $100 in every day of a five-day week since late April.

Oil finished last week’s trading at $103.24 a barrel. The Nymex was closed Monday for the Presidents’ Day holiday.

The Department of Energy will release its weekly survey of diesel and gasoline pump prices Tuesday afternoon in Washington, because of the holiday Monday.

Follow Transport Topics on RSS Twitter Facebook

 Print This

© 2012, Transport Topics Publishing Group. All rights reserved.




Oil Shoots Past $105 a Barrel (2/21/2012 3:15:00 PM)
Letters: Exporting Fuel, Recruiting Drivers, Trailer Size (2/20/2012 8:00:00 AM)
Diesel Climbs 8.7¢ to $3.943; Fuel Price Highest Since November (2/20/2012 3:00:00 AM)
Oil Ends Week at Nine-Month High Over $103 (2/17/2012 3:00:00 PM)
Oil Holds Over $100 a Barrel (2/16/2012 8:30:00 AM)
Diesel Jumps 8.7¢ to $3.943 a Gallon; Gas Gains for Seventh Time in Eight Weeks (2/14/2012 11:45:00 AM)

I agree to have my personal information transfered to MailChimp ( more information )
Join over 3.000 visitors who are receiving our newsletter and learn how to optimize your blog for search engines, find free traffic, and monetize your website.
We hate spam. Your email address will not be sold or shared with anyone else.
Tax, Accounting, Consulting - Emil Estafanous, CPA, CFF, CGMA