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bltra

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bltra

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Monday, 09/09/2002 9:39:50 AM

Monday, September 09, 2002 9:39:50 AM

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Oil Tops $30 bbl !!!

09/09 03:10
Crude Oil Rises Above $30 as Cheney Stokes Iraq-War Concern
By Angela Macdonald-Smith


Tokyo, Sept. 9 (Bloomberg) -- Crude oil rose to its highest level in almost three weeks in New York after comments by U.S. Vice President Dick Cheney boosted concern the U.S. may attack Iraq, reducing supply from the Middle East.

Crude oil for October delivery rose as much as 59 cents to $30.20 a barrel in electronic after-hours trading on the New York Mercantile Exchange, its highest price since Aug. 20. It traded at $29.95 at 3:50 p.m. Tokyo time.

For the complete article

http://www.bloomberg.com/fgcgi.cgi?ptitle=Top%20Financial%20News&s1=blk&tp=ad_topright_topfi...



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