InvestorsHub Logo
Followers 6
Posts 364
Boards Moderated 0
Alias Born 08/27/2007

Re: None

Wednesday, 09/05/2007 12:59:01 PM

Wednesday, September 05, 2007 12:59:01 PM

Post# of 46027
Oil Is Steady, Near One-Month High, Amid Falling U.S. Supplies




Prices rose more than $1 yesterday when we should have seen a decline because the hurricane premium was eroding,'' said James Ritterbusch, president of Ritterbusch & Associates in Galena, Illinois. ``This is a sign that the market has a lot of strength. I think we will be up around $77 before long.''


http://www.bloomberg.com/apps/news?pid=20602099&sid=a5U6c3YmMJk0&refer=energy