The price quote is the same: $125.98.
Sure, argue over those two cents all you want. But multiply that over the total flow and that's a lot of money. Better we still have it than them.
Still, $126 for sure by day's end -- if not $127.
Update: It's here. Over $126/barrel.
Oil surpasses $126 per barrel ahead of US driving season
Oil prices surpassed a record $126 per barrel Friday on the eve of the U.S. driving season as a weakening dollar drove investors to snap up commodities.
Light, sweet crude for June delivery rose $2.51 to a new record of $126.20 a barrel in electronic trading on the New York Mercantile Exchange by the afternoon in Europe.
On Thursday, the contract rose to a record close of $123.69 a barrel.
Emphasis added by me.
The day's not over yet.
Anyone for $127?
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