Wednesday, November 16, 2005

Crude Oil Futures fall again

From Bloomberg:
Crude oil for December fell 28 cents, or 0.5 percent, to $56.70 a barrel on the New York Mercantile Exchange at 12:31 p.m. London time, the lowest price since July 21. Brent crude for January fell 19 cents, or 0.3 percent, to $54.99 on London's ICE Futures exchange.
I may revise my target prices down if they continue to fall at this rate. When I do, you'll be the second to know.

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