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    What’s Adding Fuel To The Fire?

    Melissa Pistilli
    Oct. 18, 2009 11:17PM PST
    Market News

    Crude Investing News reports oil prices reached a one year high with energy moving in an upward trend. Oil prices soared to a fresh one-year high near $76 a barrel Thursday in Asia on a weaker US dollar and growing investor optimism about an economic recovery. Benchmark crude for November delivery was up 72 cents …

    Crude Investing News reports oil prices reached a one year high with energy moving in an upward trend.

    Oil prices soared to a fresh one-year high near $76 a barrel Thursday in Asia on a weaker US dollar and growing investor optimism about an economic recovery.

    Benchmark crude for November delivery was up 72 cents to $75.90, the highest since October 2008, by midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract added $1.03 to settle at $75.18 on Wednesday.

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