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Originally Posted by #^&#^&#^&#^&#^&#^&#^&#^&#^&#^&#^&
the jump today was attributed in part to the Opec countries not being able to meet quota in 2024! THAT is plain bull%$%$%$%$ imo.
The day traders can't make money on stocks and money anymore so they are going to keep s#^&#^&#^&#^&#^&g it out of OUR pockets to make their bottom lines every day. THAT should be illegal and would cause these prices to drop if they stopped this from happening.
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nope ... concerns about Nigeria brought it to $100.
those "day traders" you referred to were a driving force a while ago (hedge fund speculators), when they correctly anticipated that ChIndia would be s#^&#^&#^&#^&#^&g up oil.
NOW, it really is end users like China and India that are driving the prices up. Not the specs anymore.