Oil Over $61 On Iran, Supply Concerns

February 23rd, 2007

Did anyone buy some March call options on the NYMEX Light Sweet Crude, along with the insiders, gamblers and lunatics back in mid January?

Via: Reuters:

Oil climbed above $61 to a 2007 high on Friday following a sharp drop in fuel stocks in the United States and as tensions over Iran’s nuclear program stoked supply concerns.

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One Response to “Oil Over $61 On Iran, Supply Concerns”

  1. david says:
    February 24, 2007 at 12:38 am

    http://www.cbc.ca/money/story/2007/02/21/gas-shortage.html?ref=rss

    Gas shortage in Ontario Canada.

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