Friday, February 23, 2007
Crude rally pushes prices into black for the year
11:40 am ET Feb 23, 2007
DJIA
12,648
-37.90
S&P
1,451
-5.30
NASDAQ
2,516
-8.15
10Yr
4.67%
-0.062
Crude rally pushes prices into black for the year
NEW YORK -- Crude-oil futures extended their rally Friday, pushing the
front-month contract into the black for the year, in a continued
response to data showing a far bigger-than-expected decline in heating
fuel during last week's bitterly cold snap, reducing unusually high
stockpiles following a mild winter.
