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Comments (4)
Oil rises to above $88 a barrel after sharp drops
The price of oil rose above $88 a barrel on Friday as traders cautiously returned to commodity markets following sharp sell-offs this week.
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  • WashingtonCitizen wrote...
    but it will take weeks for the
    September 21, 2011 10:09 pm
    price drop to show up at the pump.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • C"mon Man wrote...
    Flood the market
    February 2, 2012 9:21 pm
    Then watch the hedge fund speculators run for cover in a large scale sell-off and the oil futures drop, and in 6-8 months the price at the pump begins to drop.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • Rick1 wrote...
    just a few days the news said the opposite
    August 15, 2012 9:32 pm
    There is no real change in supply and demand, just changing media reports and greed and fear on the exchange floor. we are suckers....and no its not really a free market.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • Pressman wrote...
    This Morning-
    August 15, 2012 10:41 pm
    Look it up under "World News" : August 15th, 8:05 a.m. "Oil slips to near $93 on rising US crude supplies". To quote-"crude stockpiles in the US rose some 2.8 million barrels last week". This they say is despite rising consumer demand, etc. Exactly the opposite of this article- This morning prices were heading down, and now all of a sudden there is no increase in crude oil stockpiles, and prices are going up ? Such a bunch of Bee Ess, and of course there is no price fixing going on between the gas companies...
    { "Thumbs Up":"1","Thumbs Down":"-1" }
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