Crude Oil traded at over $103 dollars a barrel overnight and could continue to rise. Supply should not be much of a concern with a weakening economy expected. However, geopolitical concerns along with inflows of investment dollars are sparking a rise in oil. The lowering of interest rates are also providing fuel for speculative investors.
To view a recent article on the matter, please click here:
http://www.msnbc.msn.com/id/12400801/
Jim Sutliff