Commodities: Oil futures past $90 again
Free email from MoneyWeek
Money
Morning is the FREE daily email from MoneyWeek – a punchy round-up
of the latest investment news and profit opportunities. DON’T MISS
IT!
This genius investor does dizzying levels of research to uncover...Half Price Shares!
Oil futures surged past the $90 a barrel mark on Friday on concerns about supply, while demand fears also waned.
The security situation in Nigeria has raised concerns that the country's oil output could fall by as much as 1m barrels of per deal.
Venezuelan President Hugo Chavez has threatened to cut exports to the US in retaliation for Exxon Mobil's court action to freeze $12bn of oil assets.
(Article continues below)Advertisement
Light, sweet crude for March delivery jumped $3.66 to finish at $91.77 a barrel.
Gold also surged ahead, helped by the strength in platinum, which was high on continuing power concerns in South Africa.
Gold for April delivery added $12.30 to $922.30 an ounce.
FREE! For all our latest advice on making profitable investments, claim your 3-week FREE trial of the MoneyWeek website and magazine now.

Money Morning is the FREE daily email from MoneyWeek
– a punchy round-up of the latest investment news and profit opportunities.
DON’T MISS IT!







