Saturday 28 June 2008

oil prices new record $ 142.26 !!!!!!!!


Yesterday the oil continue in the crazy oil market to jump to a new record when it reach $ 142.26 per barrel .. so the saudi arabis summet last sunday not give any hopes or improving to this crazy market even after the saudi arabia production increased to 9.7 million barrel per day .

What is controling the crazy oil market now ?? .. really no body know .

Who behind the price increase ??

Still i have the idea that oil price will be $ 200 before the end of 2008 which it mean that prices jumped 300% in just one year !!!!!!!!

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