Ynfx Press Release: Crude Oil Prices at Historic High Point (2007-10-23)
YnFx PriceWatch report dated 19th October 2007 reports, crude oil prices touched the historic high point of US$90.07 dollars on 19 October. However, it ended the week at US$88.60 a barrel on the New York Mercantile Exchange. Analysts believe that prices are poised to blow past the highs of the early 1980s. However, they have still not exceeded the January 1981 inflation-adjusted record of US$93.09. According to International Energy Agency the actual record...