Crude Oil Price Reaches US$63.90 per Barrel;
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Monday, 16 April 2007 17:28:24
StockWatch (Jakarta) - Crude oil price once reached US$63.90 per barrel in
trading on the New York Mercantile Exchange (NYMEX) electronic facility,
Globex, and at 04:15 PM today (16/4) the West Texas Intermediate (WTI) crude
oil contract for delivery of May 2007 was US$63.85 per barrel, rising by
US$0.22 per barrel versus the previous week closing.
Meanwhile, in Friday (13/4) trading at NYMEX, the WTI contract for delivery of
May 2007 moved within trading range of US$63.50-64.35 per barrels, and closed
down by US$0.22 at US$63.63 per barrel on volume of 269,305 contracts.
At the same time, the WTI contract for delivery of June 2007 ended down by
US$0.01 at US$66.33 per barrel. The contract moved between the highest level
US$66.75 and the lowest US$66.10 per barrel on transaction volume of 222,612
contracts. (Baso Amir/bud)
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