News Journal

Crude may reach $170

The OPEC president said that the crude oil may jump to $170 by summers and the value of crude reached $140 and price gold and copper rose in the markets whereas dollar lowered in market after the Federal Reserve announced no change in the interest rates.

The stocks prices at the New York Mercantile Exchange lowered after the predictions of increase in crude oil prices and the stock of motor companies were worst effected by the latest crude prices.