Crude Rises to All-Time High at $103.77 in Morning Trading
Oil has yet another record high on the New York Stock Exchange Monday morning after climbing $1.93 to $103.77.
The price of $103.77 is for light, sweet crude for April delivery. The consistent increase in oil has been attributed to production decreases in Nigeria and Venezuela. The dollar also sank to a new low against the Euro on the morning of March 3.
We want to hear from you. Questions, opinions and suggestions are all welcomed by the Rigzone Staff. Write us at firstname.lastname@example.org .