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News update from The Business Times
October 19, 2007, 10.33 am (Singapore time)
Oil near new US$90 high as dollar sinks
Oil held firm within sight of its new US$90 high on Friday as another slump
in the US dollar to a record low and rising fears over pre-winter fuel stocks
lent support to an over 13 per cent surge in under two weeks.
US light crude for the soon-to-expire November contract ticked up 5 cents
to US$89.52 a barrel by 0049 GMT, following a hefty gain of US$2.07 a
barrel on Thursday's close......................................
Article from DMG:
Oil and gas based co. with good record order books running for the next few years.
Prospects shine as oil prices continue growing to new highs.
Federal TP:1.05
Rotary TP:1.80
Labroy Marine
Swiber
Aqua-Terra TP:0.70
KS Energy TP:4.20
