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3/3/08 23:10 GMT - Seven of 11 World Oil Benchmarks Over $100 - Tapis Nearly $106

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hatrack Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-03-08 06:24 PM
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3/3/08 23:10 GMT - Seven of 11 World Oil Benchmarks Over $100 - Tapis Nearly $106
http://www.upstreamonline.com/market_data/?id=markets_crude
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GliderGuider Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-05-08 10:46 AM
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1. 5/3/08 15:10 GMT - 8 of 11 are over $100
Tapis has fallen back a bit, but the spread has narrowed. It looks like $100 is the new floor.
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hatrack Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-05-08 11:05 AM
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2. Fascinating - 5 March 15:10 GMT, and the world's cheapest oil is $92.64 - Dubai 1M
Interesting times.

Side note - I was at an event featuring Hunter Lovins last night. She was talking Simmons, et. al. and gave his projection that we could see $300 oil by late 2008. The reaction - a collective gasp of the kind usually seen only in movies.
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