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Last week, NINE published an article by market expert Daryl Guppy that there is a chance of oil finding support between US87 to US$100 per barrel. Click HERE to read the article.
Tuesday, September 30, 2008
The price of crude oil futures in US tumbled to close below US$100 per barrel again, second time this month. The crude oil futures settled nearly 10 percent lower on Monday closing at US$96.37 per barrel. Traders were concerned about a slowing economy amid the failure of the US House of Representatives to vote for the US$700billion bailout package for ailing finance companies. The US dollar strength against the Euro put further resistance on oil prices.
Last week, NINE published an article by market expert Daryl Guppy that there is a chance of oil finding support between US87 to US$100 per barrel. Click HERE to read the article.
Last week, NINE published an article by market expert Daryl Guppy that there is a chance of oil finding support between US87 to US$100 per barrel. Click HERE to read the article.
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