Thread: Oil Prices
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Old 08-03-2004, 11:16 AM   #1
Mr. Ski
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Canoe.ca Article

The September light sweet crude contract on the New York Mercantile Exchange rose 42 cents to trade at $44.24 US a barrel -- the highest level since crude futures began trading on Nymex in 1983.

Wow. Getting up there in price. Still lower than the highest highs of the past when adjusted for inflation, but it's getting pricy none the less.

Any guesses on where it tops out this time, and how long it stays up?
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