Tuesday, May 6, 2008

Assorted on Oil

Commodity Monthly - The commodity correction is over for now

Mumford: Oil shock may yet be waiting in the wings
Crude oil climbed to a record of almost $123 a barrel on the New York Mercantile Exchange as traders, who have nearly doubled the price of oil over the last year, reacted to the weakening U.S. dollar, supply threats and a note from Goldman Sachs predicting that oil could reach $200 a barrel.

Black Dog: Is the Mania Around Oil Set to Wane?

Crude Oil Hits Record High – Are Energies Too High?

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