Crude Oil Price

Crude oil price has been trading in a narrow range. It was trading at $116.32 in the month of April 2011 and then it slipped to $100.46 in the month of August, 2011. Since then it Crude oil price has been moving in this narrow range and currently crude oil price is $ 99.92. Oil market has been in lot of buzz in the last few months with the oil prediction that there might be some scarcity in the future. Most of the oil price forecasts are indicating a rise in oil prices.

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