Crude Oil Rises On Retail Sales –

Thanksgiving weekend sales rose and crude oil prices followed in trading on Monday.  Crude oil futures broke the $100 dollar mark and hit their highest level since November 17th.  On the supply side, Libyan output increased to over 750,000 barrels a day.

To read a related Bloomberg article, please click here:

http://www.bloomberg.com/news/2011-11-28/crude-oil-climbs-after-u-s-thanksgiving-retail-sales-surge-to-a-record.html

Jim Sutliff

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