Oil Makes The World Go Around
February 24, 2011 at 15:26 PM EST
The late session drop in spot crude has saved the stock market indexes from breaking down lower today. Right around 2:00 pm EST spot crude began to decline sharply lower before closing and settling at $97.30 a barrel on the New York Mercantile Exchange at 2:30 pm EST. In electronic trading crude has declined a [...]