Crude Rises to All-Time High at $103.77 in Morning Trading
by Kerry Laird
|
Rigzone
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.
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