Oil Price Watch

[45MPG]

Good morning all, and have you seen the price of oil this morning?  $97.67 as I write this...should make for an interesting day....

[Bionic_Oil_Gut]

$97.48  yes, nickles n dimes between, it has begun. Time is fleeting ladies and gentlemen. Head down and ass up get the finger out and no more time for games as it has begun. The party is over make no mistake. May it be swift for us all.

[cleiserle]

oh now...c'mon...it's not that bad it's only $97 a barrel, it won't break $99 today.
Just hold off a few more weeks....

[Chip Haynes]

Up about a buck a day these days, and headed for $100 by the end of the week at that rate, but: We often see a price drop after the 21st of the month, so maybe not. Maybe $98-99 by Thursday afternoon, then back down a bit on Friday. Also, there's a certain reluctance inherent in the market to break that $100 barrier.

Should be an interesting week, no doubt about it.

[pamela]

98.32 at 10:10 est.
watch it go.

[Chip Haynes]

$98.37

Slowly it climbs, cent by cent, dollar by dollar...

[fenster]

another tragedy of the commons coming your way.  If you quit driving your car so much, it won't cost as much.

[Chip Haynes]

Ah, but it will cost almost as much. Just not driving it isn't enough to save much money.

You'll have to get rid of it to do that.

[pamela]

98.53  1:30 est

[Chip Haynes]

And $98.65 one minute later.

Will we see $99 today?

Somebody nudge Drudge!

[Forager]

99.18 on CNBC ticker right now.

[davzee101]

99.53 at 10:39 pst

Will we close over 100?

[pamela]

what is going on?

[Called_Bluff]

http://quotes.ino.com/exchanges/futboard/current/

for all your wheat, oil , index pricing

[Chip Haynes]

That's weird- Bloomberg only has it at $98.87 right now.