GREY:RGVNF - Post by User
Post by
barabingon Apr 06, 2010 2:07pm
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Post# 16961507
Oil moving higher
Oil moving higher
NEW YORK (CNNMoney.com) -- Oil prices rose on Tuesday as investors continued to pour money into crude with the hope that global demand will strengthen.
What prices are doing: Crude prices inched 25 cents higher to $86.87 a barrel. Prices are up over 5% since last week and over 70% since April 2009. That's their highest level since Oct. 8, 2008, when crude settled at $88.95.