Oil Hits 3-Month High
- By Unknown
- Jun. 16 2000 00:00
CHICAGO -- Crude oil prices hit a three-month high of $33.17, the highest since the March 8 high of $34.37, on Wednesday at the New York Mercantile Exchange.
NYMEX July delivery crude oil futures settled at $32.85 a barrel, up 29 cents, as the Organization of Petroleum Exporting Countries kept the market guessing on whether it would move to cool off the scorching market rally when it meets in Vienna next Wednesday.