Thursday, May 31, 2007

Web site error rocks global oil markets

Web site error rocks global oil markets - Reuters:
"All it takes is a screw-up on a Web site to move the market. It just goes to show how tense this market is," said a Houston-based oil trader.

A string of refinery problems in the United States has propelled retail gasoline prices to record highs in recent weeks.
That last bit is what I found the most interesting. That is where the blame is said to lie, rather than tension in the Middle East, Venezuela, or specifically Iran...

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