Todays Closing Crude oil cost

PETROLEUM ($/bbl)
PRICE* CHANGE % CHANGE TIME
Nymex Crude 65.85 -1.72 -2.55 09/06
IPE Crude 64.55 -.30 -.46 14:55
Dated Brent 63.96 -.30 -.47 15:18
WTI Cushing 66.15 -1.42 -2.10 14:02
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TECH Senior Member
iTrader: (10)
Joined: Nov 2001
Posts: 8,766
Likes: 0
From: Gainesville, Denton TX
Originally Posted by Tiago
they predict $100/barrell before the end of the year....
its booming, I dont see it coming down anytime soon.
its booming, I dont see it coming down anytime soon.
Originally Posted by ross87t
It's booming, and it will pop. I think it will go way down within the next few months. Way down.
I agree. it'll go down..then those ***** will stick it to us again...most likely next summer...like every year
As with any market , there are 50% corrections that will take place from share holders profit taking but how long the market will stay down for is another story . I hope to see it somewhere in the $32.00-$35.00 range .
Originally Posted by thesource
As with any market , there are 50% corrections that will take place from share holders profit taking but how long the market will stay down for is another story . I hope to see it somewhere in the $32.00-$35.00 range .
OPEC said 40 bucks a barrel is "the absolute floor"
TECH Senior Member
Joined: Apr 2004
Posts: 6,955
Likes: 0
From: Houston / University of Texas, Austin
by the end of this school year, it might be around 80ish a bbl... we have been talking about it in my classes.... it might finally go down to the normal 48ish a bbl when i grad. but i hope it stays up when i grad so i can make that cash :-D


