Yahoo! News - Oil Hits New Record: "At 10:33 p.m. EDT Sunday, U.S. crude was up 31 cents at $57.58, while London's Brent crude struck an all-time peak at $56.80 a barrel, marking a gain of 29 cents.
'I would have thought prices would struggle to go much higher. The market fundamentals suggest lower prices,' said Mark Pervan, an analyst with Daiwa Securities in Melbourne. "
'I would have thought prices would struggle to go much higher. The market fundamentals suggest lower prices,' said Mark Pervan, an analyst with Daiwa Securities in Melbourne. "
