Monday, September 22, 2008 4:10:13 PM
Light, sweet crude for October delivery jumped as much as $25.45 to $130 a barrel on the New York Mercantile Exchange before falling back to settle at $120.92, up $16.37. The contract expired at the end of the day, adding to the volatility as traders rushed to cover positions; the October price began accelerating sharply in the last hour of regular trading, a common occurrence when a contract is about to go off the board.
To be is to do.(Socrates) To do is to be.(Plato) Do be do be do!!!!!(Sinatra)
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