Monday, May 19, 2008

Oil Trades Above $127 as Refiners Seek Crude to Produce Diesel - Bloomberg - SendMeRSS


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Oil Trades Above $127 as Refiners Seek Crude to Produce Diesel
Bloomberg - 54 minutes ago
By Christian Schmollinger May 20 (Bloomberg) -- Crude oil traded above $127 a barrel after yesterday's record close on speculation Saudi Arabia's increased output won't meet the demand of refiners seeking grades which yield more gasoline and diesel.
Oil prices higher in Asian trade AFP
Crude futures close above $127 MarketWatch
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