Crude oil futures on Wednesday rose above 90 dollars a barrel, which is crude oil futures since the first time since October 2008 exceeded $ 90.
Auerbach Grayson global technology analyst Richard Ross said, "The market is seen further, we had been skeptical of the oil demand. We are more optimistic about the end of the oil futures market, a strong stock market performance, the development of a strong transportation industry."
The New York Mercantile Exchange, February crude futures rose 66 cents to $ 90.48 an ounce, or 0.7%. This is the front-month contract since Oct. 7, 2008 to close at $ 90 for the first time over.
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