OlympicsUS Energy Systems
May 11, 2008
Shanghai oil futures hit all-time high
“The price surge of crude oil in the international markets was largely driven by the forecast of rising demand from the emerging markets and unchanged supply by the producing countries”
Shanghai fuel oil futures yesterday shot to an all-time high since trading began in 2004, following the surge of international crude oil price that hit a record high of $122 per barrel on Tuesday. via People's Daily
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