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Thursday, February 9, 2012

Oil Hit $100.01 -- Saudis Probably Dialing "It" Down As We Speak

Update

February 9, 2012, 12:22 p.m. EST: $100.08.

Original Post

The Saudis, at least one of the princes, assured us "they" wouldn't let oil get over $100. Twice in three days since saying that the spot price of oil has gone over $100, albeit not by much. And then it gets dialed back to just under that magic number.

No link; the links are dynamic and will have changed by the time this is posted.

Oil was $100.01 about 9:46 a.m., February 9, 2012, EST.

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