Oil surged almost $3 dollar to the highest of $108.22 from the lowest at $105.15 on news from Reuters showing that Iranian oil exports will fall by 300K barrels a day as a result to the tighter sanctions, fueling supply worries; and as computer buying orders were triggered.
Crude is trading as of this writing around the $107.10. Meanwhile Brent is trading around the $125.10 level after rising as much as 1.61% during today's session.
Source: http://www.ibtimes.com/articles/318631/20120323/oil-surges-on-iran-rsquoreport.htm
steve johnson norman reedus norman reedus sears office max office max cyber monday deals 2011
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