06.06.2008 21:51

Oil breaks records


Trading at $137.39, up $9.47 and change. New record high is $137.70 seen a short while ago. Note that the NYMEX contract has a $10 fluctuation limit, which, if reached, results in a 5 minute trading halt, after which, the trading limit is expanded by $10 with that procedure then repeated for each $10 price move.






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