Has Oil Hit its High for the Year?
Crude oil futures touched a 14-month high of $104.12 in early Monday trading, before promptly falling two dollars. Crude oil has had a fantastic run-up over the course of the past two weeks, rising more than $10 as Egyptian concerns have taken the fore.
The question now: Did Monday morning's quick reversal mark the top for crude oil? Vote in our Futures Now poll and tell us what you think!